Question
Show all steps please :) The following data (in thousands of dollars) have been taken from the accounting records of Dallas Corporation for the just-completed
Show all steps please :)
The following data (in thousands of dollars) have been taken from the accounting records of Dallas Corporation for the just-completed year.
Purchases of raw materials | $170 | |
Direct labor | $210 | |
raw materials Used | $220 | |
Administrative expenses | $180 | |
Overhead | $160 | |
Work-in-process inventory, beginning | $30 | |
Work-in-process inventory, ending | $20 | |
Finished goods inventory, beginning | $100 | |
Finished goods inventory, ending | $70 |
Required: Prepare a Schedule of Cost of GoodsManufactured statement for the Dallas Corp
Purchases of raw materials | $170 | |
Direct labor | $210 | |
raw materials Used | $220 | |
Administrative expenses | $180 | |
Overhead | $160 | |
160 | ||
Work-in-process inventory, beginning | $30 | |
Work-in-process inventory, ending | $20 |
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