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Use the following information for a manufacturer to compute the cost of goods manufactured and cost of goods sold Use the following information for a
Use the following information for a manufacturer to compute the cost of goods manufactured and cost of goods sold
Use the following information for a manufacturer to compute cost of goods manufactured and cost of goods sold: (Click the icon to view the information.) Schedule of Cost of Goods Manufactured and Cost of Goods Sold Data Table Direct Materials Used: Ending Inventories: Raw Materials Work-in-Process Finished Goods Other information Purchases of materials Direct labor Beginning $ 29,000 35,000 20,000 $ 32,000 31,000 26,000 Direct Materials Used $ 73,000 89,000 46,000 Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Print Done Cost of Goods Manufactured Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Beginning s 29,000 35,000 20,000 Inventories: Raw Materials Work-in-Process Finished Goods Other information: Purchases of materials Direct labor Manufacturing overhead Ending 32,000 31,000 26,000 Cost of Goods Manufactured Cost of Goods Available for Sale $ 73,000 89,000 46,000 Cost of Goods SoldStep by Step Solution
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