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book Fundamentals of Cost Accounting 2nd Edition by William Lanen, Carolyn Wells, Michael Maher cover

Fundamentals of Cost Accounting 2nd Edition by William Lanen, Carolyn Wells, Michael Maher

النسخة 2الرقم المعياري الدولي: 978-0077274993
book Fundamentals of Cost Accounting 2nd Edition by William Lanen, Carolyn Wells, Michael Maher cover

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:
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.
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.
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Fundamentals of Cost Accounting 2nd Edition by William Lanen, Carolyn Wells, Michael Maher
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