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Home Q & A Board Other Fields Homework Help Business Accounting
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jerico jerico
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Posts: 4603
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9 years ago
Leslie Manufacturing reported the following:

Revenue   $450,000
Beginning inventory of direct materials, January 1, 2015   20,000
Purchases of direct materials   156,000
Ending inventory of direct materials, December 31, 2015   18,000
Direct manufacturing labor   21,000
Indirect manufacturing costs   42,000
Beginning inventory of finished goods, January 1, 2015   40,000
Cost of goods manufactured   114,000
Ending inventory of finished goods, December 31, 2015   45,000
Operating costs   150,000

What is Leslie's operating income?
A) $186,000
B) $128,000
C) $177,000
D) $191,000
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
Authors:
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cyborgcyborg
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#1
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9 years ago
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jerico Author
wrote...
#2
9 years ago
I can confidently say that it looks and sounds right lol Thank you Slight Smile Give this man a thumbs up.
wrote...
#3
9 years ago
Cool! No problem.
wrote...
#4
3 years ago
thanks
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