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Home Q & A Board Other Fields Homework Help Business Accounting
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itpf04 itpf04
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A year ago

Tondre Corporation has provided the following data concerning last month’s operations.

Direct materials$ 24,000
Direct labor$ 58,000
Manufacturing overhead cost applied to Work in Process$ 87,000
Overapplied overhead$ 1,000

BeginningEnding
Raw materials inventory$ 12,000$ 17,000
Work in process inventory$ 50,000$ 77,000
Finished goods inventory$ 28,000$ 48,000


Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.

Required:
a. Determine the cost of goods manufactured for the month.
b. Prepare a Schedule of Cost of Goods Sold for the month.

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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Dark_ShadowDark_Shadow
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A year ago
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itpf04 Author
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A year ago
Brilliant ツ
Katey_maree
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Yesterday
Thanks
sakoon
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2 hours ago
Helped a lot
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