The following data relates to the Density Company's first operating period.Calculate cost of goods sold for each product.
$\begin{array}{cccccc}
&&&&&\text {Overhead }\
&&&&&\text {Rate}\
&\text {Cost/Unit}&&&\text {Units}&\text {(Percent}\
&\text { Direct}&\text { Direct }&&\text {Ending }&\text {of Direct }\
\text { Product }&\text {Materials }&\text {Labor}&\text { Produced}&\text { Inventory}&\text { Labor Cost }\
\text { A } & \$ 10 & \$ 12 & 215 & 115 & 60 \% \
\text { B } & 8 & 15 & 330 & 180 & 40 \% \
\text { C } & 14 & 10 & 250 & 200 & 80 \%
\end{array}$

Question

The following data relates to the Density Company's first operating period.Calculate cost of goods sold for each product.
 $\begin{array}{cccccc}
&&&&&\text {Overhead }\
&&&&&\text {Rate}\
&\text {Cost/Unit}&&&\text {Units}&\text {(Percent}\
&\text { Direct}&\text { Direct }&&\text {Ending }&\text {of Direct }\
\text { Product }&\text {Materials }&\text {Labor}&\text { Produced}&\text { Inventory}&\text { Labor Cost }\
\text { A } & \$ 10 & \$ 12 & 215 & 115 & 60 \% \
\text { B } & 8 & 15 & 330 & 180 & 40 \% \
\text { C } & 14 & 10 & 250 & 200 & 80 \%
\end{array}$

Quizplus · Accepted Answer

The Answer of The following data relates to the Density Company's first operating period.Calculate cost of goods sold for each product.
 $\begin{array}{cccccc}
&&&&&\text {Overhead }\
&&&&&\text {Rate}\
&\text {Cost/Unit}&&&\text {Units}&\text {(Percent}\
&\text { Direct}&\text { Direct }&&\text {Ending }&\text {of Direct }\
\text { Product }&\text {Materials }&\text {Labor}&\text { Produced}&\text { Inventory}&\text { Labor Cost }\
\text { A } & \$ 10 & \$ 12 & 215 & 115 & 60 \% \
\text { B } & 8 & 15 & 330 & 180 & 40 \% \
\text { C } & 14 & 10 & 250 & 200 & 80 \%
\end{array}$

The Following Data Relates to the Density Company's First Operating