The following information is available for Elliot Company Calculate the cost of goods manufactured January 1, 2013 2013 December 31, 2013 Raw materials inventory $26,000 $30,000 Work in process inventory 13,500 22,200 Finished goods inventory 30,000 21,000 Materials purchased $170,000 Direct labor ...

Calculate the cost of goods manufactured as shown below Cost of goods manufactured Beginning in ...

The following information is available for Elliot Company. Calculate the cost of goods manufactured. January 1, 2013

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The following information is available for Elliot Company.

January 1, 2013 2013 December 31, 2013 Raw materials inventory $26,000 $30,000 Work in process inventory 13,500 22,200 F

Calculate the cost of goods manufactured.

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Intermediate Accounting Reporting and Analysis

ISBN: 978-1285453828

2nd edition

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

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Question Posted: Feb 16, 2018 07:30 AM

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The following information is available for Elliot Company. Calculate the cost of goods manufactured. January 1, 2013

Question:

January 1, 2013 2013 December 31, 2013 Raw materials inventory $26,000 $30,000 Work in process inventory 13,500 22,200 Finished goods inventory 30,000 21,000 Materials purchased $170,000 Direct labor 220,000 Manufacturing overhead 180,000 Sales 800,000

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Intermediate Accounting Reporting and Analysis

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