The following information is available for Booker Company for 2019 (all numbers in dollars): Beginning Finished Goods
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Question:
The following information is available for Booker Company for 2019 (all numbers in dollars):
Beginning Finished Goods 1,375,200
Beginning Materials 856,000
Beginning WIP 725,000
Direct Labor 836,700
Ending Finished Goods 1,145,670
Ending Materials 871,350
Ending WIP 697,300
Manufacturing Overhead 2,579,220
Purchases (materials) ?
Sales 10,025,000
Note:gross profit is 40% of sales
Required: statement of cost of goods sold and a statement of cost of goodsmanufactured for 2019
Posted Date: