Flow of manufacturing costs
The following data are taken from the accounting records of Victoria Mfg.Co.:
Compute the following amounts:
(a)Direct materials purchased during the period: $________
(b)Total manufacturing costs charged to production (the Work in Process Inventory account)during the year: $________
(c)The cost of finished goods manufactured during the year: $________
(d)The cost of goods sold during the year: $________
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