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H3Ko H3Ko
wrote...
Posts: 4891
8 years ago
Given the following information, determine the cost of goods manufactured.

Direct Labor Incurred   $62,000
Manufacturing Overhead Incurred   177,000
Direct Materials Used   151,000
Finished Goods Inventory, Jan. 1   197,000
Finished Goods Inventory, Dec. 31   99,000
Work-in-Process Inventory, Jan. 1   221,000
Work-in-Process Inventory, Dec. 31   108,000

A) $282,000
B) $188,000
C) $503,000
D) $390,000
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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Posts: 2227
8 years ago
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H3Ko Author
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8 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
wrote...
7 years ago
I'm liking this Slight Smile
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6 years ago
Thank you
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