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The following information relates to the Bell Tower Company: Sales 12,500 Beginning Finished Goods 3,000 Cost of Goods Manufactured 11,000 4,000 2,000 Ending Finished Goods
The following information relates to the Bell Tower Company: Sales 12,500 Beginning Finished Goods 3,000 Cost of Goods Manufactured 11,000 4,000 2,000 Ending Finished Goods Other Operating Expenses Operating Income Direct Materials Used 500 2,500 Direct Labor 4,000 3,000 Manufacturing Overhead Ending Work in Process 3,500 Problem 5.4 The total manufacturing costs are $9,500. True False The following information relates to the Bell Tower Company: Sales 12,500 3,000 Beginning Finished Goods Cost of Goods Manufactured 11,000 4,000 Ending Finished Goods Other Operating Expenses Operating Income 2,000 500 Direct Materials Used 2,500 4,000 Direct Labor 3,000 Manufacturing Overhead Ending Work in Process 3,500 Problem 5.3 The beginning work in process is $3,000. True False
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