
Fundamentals of Cost Accounting 2nd Edition by William Lanen, Carolyn Wells, Michael Maher
النسخة 2الرقم المعياري الدولي: 978-0077274993
Fundamentals of Cost Accounting 2nd Edition by William Lanen, Carolyn Wells, Michael Maher
النسخة 2الرقم المعياري الدولي: 978-0077274993 تمرين 14
Prepare Statements for a Manufacturing Company
The following balances are from the accounts of Secol Machining Company:
Direct materials purchased during the year amount to $310,000, and the cost of goods sold for the year was $1,075,000.
Required
Reconstruct a cost of goods sold statement and fill in the following missing data:
a. Cost of direct materials used during the year.
b. Cost of goods manufactured during the year.
c. Total manufacturing costs incurred during the year.
The following balances are from the accounts of Secol Machining Company:
Direct materials purchased during the year amount to $310,000, and the cost of goods sold for the year was $1,075,000.
Required
Reconstruct a cost of goods sold statement and fill in the following missing data:
a. Cost of direct materials used during the year.
b. Cost of goods manufactured during the year.
c. Total manufacturing costs incurred during the year.
التوضيح
Cost of goods sold is the cost of the me...
Fundamentals of Cost Accounting 2nd Edition by William Lanen, Carolyn Wells, Michael Maher
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