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Q CIC@ QO MG av/pid-6440892-dt-content-rid-57523716_1/courses/ACCT.210.501.2011/ACC Cost u DL 10 Below is information obtained from the records of the RAM COMPANY: Mans Beginning inventory: Finished goods

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Q CIC@ QO MG av/pid-6440892-dt-content-rid-57523716_1/courses/ACCT.210.501.2011/ACC Cost u DL 10 Below is information obtained from the records of the RAM COMPANY: Mans Beginning inventory: Finished goods ...............$28 State Beginning inventory: Raw materials... BI-RM Beginning inventory: Work-in-process FRM punch Direct labor... RM avrabe Ending inventory:Finished goods - EI-RM Ending inventory: Raw material RM used Ending inventory: Work-in-process...- Manufacturing overhead applied..... OH apple Manufacturing overhead incurred... Total me unt Operating expenses + BI-Wit Raw materials purchased - El-WP Sales commify REQUIRED: Income s Total manufacturing costs were Cost of goods manufactured was 29 Sales w BI-FG 30 Cost of goods sold was........... Coomfy U Gross profit was avalabil Net income was... forsale w The overhead rate used to apply overhead to work in process was? Discuss EI-FG vane OH cost of Goods, ............ 10 10 V ...61 Muted Label

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