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Required Supply the missing information on the following schedule of cost of goods manufactured. Required Supply the missing information on the following schedule of cost
Required Supply the missing information on the following schedule of cost of goods manufactured.
Required Supply the missing information on the following schedule of cost of goods manufactured. FISCHER CORPORATION Schedule of Cost of Goods Manufactured For the Year Ended December 31, 2018 Raw materials Beginning inventory Plus: Purchases 118,300 Raw materials available for use $ 149,000 Minus: Ending raw materials inventory Cost of direct raw materials used Direct labor Manufacturing overhead Total manufacturing costs Plus: Beginning work in process inventory Total work in process Minus: Ending work in process inventory Cost of goods manufactured $ 123,100 23,200 308,700 47,100 $ 306,700Step by Step Solution
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