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Sadaf Corp reported the following data for the month of July: Inventories: Raw materials Work in process Finished goods Additional information: Beginning Ending $ 28,000
Sadaf Corp reported the following data for the month of July: Inventories: Raw materials Work in process Finished goods Additional information: Beginning Ending $ 28,000 $30,500 $ 16,500 $18,000 $ 32,500 $47,500 Manufacturing overhead cost applied to Work in Process Raw materials purchases Manufacturing overhead cost incurred Indirect materials included in manufacturing overhead cost incurred Direct labor cost $58,500 $66,500 $59,500 $ 8,200 $91,500 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.
What is the cost of goods sold in July?
Sadaf Corp reported the following data for the month of July: Inventories: Additional information: Any underapplied or overapplied manufacturing overhead is closid.d out to cost of qoods sold Step by Step Solution
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