Direct Materials Used $ 12,000 Manufacturing Overhead Work-in-Process Inventory: Beginning Balance Ending Balance Direct Labor Finished Goods Inventory: 21,000 1,000 5,000 9,000 Beginning Balance 18,000 Ending Balance 4,000
Direct Materials Used $ 12,000 Manufacturing Overhead Work-in-Process Inventory: Beginning Balance Ending Balance Direct Labor Finished Goods Inventory: 21,000 1,000 5,000 9,000 Beginning Balance 18,000 Ending Balance 4,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Computing cost of goods manufactured
Use the following inventory data for Caddy Golf Company to compute the cost of goods manufactured for the year
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