DeeZees makes evening dresses. The following information was gathered from the company records for the year, the first year of company operations. Work in Process Inventory at the end of the year was $6,300. d. If net income was $50,000, what were total selling and administrative expenses for the year?

The following information is available for Bandera Manufacturing Company for the month ending January 31: Cost of goods manufactured $177,180 Selling expenses 59,180 Administrative expenses 31,290 Sales 376,970 Finished goods inventory, January 1 42,600 Finished goods inventory, January 31 38,830 a.  For the month ended January 31, determine Bandera Manufacturing’s cost of goods sold. Bandera Manufacturing Company Cost of Goods Sold January 31   $fill in the blank 485dbcfbb05e064_2   fill in the blank 485dbcfbb05e064_4   $fill in the blank 485dbcfbb05e064_6   fill in the blank 485dbcfbb05e064_8   $fill in the blank 485dbcfbb05e064_10 b.  For the month ended January 31, determine Bandera Manufacturing’s gross profit. Bandera Manufacturing Company Gross Profit January 31   $fill in the blank bdadc6f76009002_2   fill in the blank bdadc6f76009002_4   $fill in the blank bdadc6f76009002_6 c.  For the month ended…

At the end of January, Mineral Labs had an inventory of 855 units, which cost $8 per unit to produce. During February the company produced 1,300 units at a cost of $12 per unit. a. If the firm sold 1,650 units in February, what was the cost of goods sold? (Assume LIFO inventory accounting.) Cost of goods sold b. If the firm sold 1,650 units in February, what was the cost of goods sold? (Assume FIFO inventory accounting.) Cost of goods sold

The following were taken from the general ledger and other data of Du- sik Manufacturing on July 31: Finished goods, July 1- P85,000; Cost of goods manufactured in July P343,000; Finished goods, July 31 is P93,000. Compute the cost of goods sold *