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Other Fields Homework Help Accounting Topic started by: H3Ko on Sep 5, 2016



Title: Malibu Corporation provided the following information for the year:Beginning ...
Post by: H3Ko on Sep 5, 2016
Malibu Corporation provided the following information for the year:

Beginning BalanceWork-in-Process Inventory   $26,000
Ending BalanceWork-in-Process Inventory   55,000
Beginning BalanceRaw Materials Inventory   81,000
Ending BalanceRaw Materials Inventory   59,000
PurchasesRaw Materials   360,000
Direct Labor   471,000
Indirect Labor   19,000
Depreciation on Factory Plant and Equipment   24,000
Plant Utilities and Insurance   268,000

What was the amount of the cost of goods manufactured for the year?
A) $1,135,000
B) $1,164,000
C) $1,193,000
D) $1,363,000


Title: Re: Malibu Corporation provided the following information for the year:Beginning ...
Post by: Tanks on Sep 5, 2016
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Title: Re: Malibu Corporation provided the following information for the year:Beginning ...
Post by: H3Ko on Oct 12, 2016
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.