Question
Use the following information for a manufacturer to compute cost of goods manufactured and cost of goods sold: Inventories: Beginning Ending Direct Materials $ 16,000
Use the following information for a manufacturer to compute cost of goods manufactured and cost of goods sold:
Inventories: Beginning Ending
Direct Materials $ 16,000 $ 12.000
Work-in-Process 98,000 87,000
Finished Goods 20,000 25,000
Other information: Purchases of direct materials $ 37.000 Direct labor 76,000
Manufacturing overhead 34,000
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Modern Internal Auditing An Operational Approach
Authors: Victor Zinn Brink
3rd Edition
0471065242, 978-0471065241
