Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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General accounting

If direct materials issued is $10,000, overhead
applied is $21,000, beginning WIP is $5,000
and ending WIP is $3,000, direct labor is
$7,000, beginning and ending FG inventory is
$15,000 and $12,000 respectively, what is the
cost of goods manufactured (COGM)?
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Transcribed Image Text:If direct materials issued is $10,000, overhead applied is $21,000, beginning WIP is $5,000 and ending WIP is $3,000, direct labor is $7,000, beginning and ending FG inventory is $15,000 and $12,000 respectively, what is the cost of goods manufactured (COGM)?
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Principles of Accounting Volume 2
Accounting
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax College