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The records of Bentler Shoppers, Inc. for December 2018 shows the following information: Sales $2,050,000 Selling and administrative expenses 250,000 Direct materials purchases 205,000 Direct
The records of Bentler Shoppers, Inc. for December 2018 shows the following information:
Sales | $2,050,000 |
Selling and administrative expenses | 250,000 |
Direct materials purchases | 205,000 |
Direct labor | 298,000 |
Factory overhead | 350,000 |
Direct materials, December 1 | 50,000 |
Work-in-process, December 1 | 85,000 |
Finished goods, December 1 | 64,000 |
Direct materials, December 31 | 41,000 |
Work-in-process, December 31 | 72,000 |
Finished goods, December 31 | 55,000 |
The net income for the month of December is:
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