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What is operating income for 2000? Beginning finished good, 1/1/2000 $50,000 Ending finished goods, 12/31/2000 35,000 Sales revenue 485,000 Operating expenses 109,000 Beginning work-in-process 480,000
What is operating income for 2000?
Beginning finished good, 1/1/2000 | $50,000 |
Ending finished goods, 12/31/2000 | 35,000 |
Sales revenue | 485,000 |
Operating expenses | 109,000 |
Beginning work-in-process | 480,000 |
Ending work-in-process | 641,000 |
Direct material purchases | 142,000 |
Direct material used | 84,000 |
Manufacturing overhead | 236,000 |
Direct labor | 77,000 |
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