Question
What is the cost of goods manufactured in June? Information from the records of Chrome Ponies Enterprises for June is as follows: Sales Direct labor
What is the cost of goods manufactured in June?
Information from the records of Chrome Ponies Enterprises for June is as follows: Sales Direct labor Selling and administrative expenses Direct materials purchases Factory overhead $41,000 10,000 7,000 6,000 13,500 Inventories June 1 June 30 Direct materials $1,200 $1,400 Work in process 2,500 2,800 Finished goods 2,300 1,900
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