Question
The following information is available for the first month of operations of Bahadir Com- pany, a manufacturer of mechanical pencils: Sales Gross profit Cost
The following information is available for the first month of operations of Bahadir Com- pany, a manufacturer of mechanical pencils: Sales Gross profit Cost of goods manufactured Indirect labor Factory depreciation Materials purchased Total manufacturing costs for the period Materials inventory, ending $792,000 462,000 396,000 171,600 26,400 244,200 455,400 33,000 Using the above information, determine the following missing amounts: a. Cost of goods sold b. Finished goods inventory at the end of the month c. Direct materials cost d. Direct labor cost e. Work in process inventory at the end of the month
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Financial and Managerial Accounting
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9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
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