Question
REQUIRED Prepare a Statement of Manufactured Products and Cost of Goods Sold for ABC Company as of December 31, 2022 Property Taxes-Building Plant $3,000
REQUIRED Prepare a Statement of Manufactured Products and Cost of Goods Sold for ABC Company as of December 31, 2022 Property Taxes-Building Plant $3,000 Sales $209,000 Depreciation-Equipment $11,000 Depreciation-Plant $9,000 Final finished goods inventory $34,000 Initial Finished Goods Inventory $27,000 Inventory Products in Final Process $ 26,000 Inventory Work in Progress Start $20,000 direct labor $ 34,000 Indirect labor $23,000 Indirect materials used $11,000 Used Direct Materials $87,000 Repair & Maintenance-Miscellaneous $4,000 Repair & Maintenance Plant $16,000 utilities $ 17,000
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
5th edition
134128524, 978-0134128528
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