Homework Answers
Answer- Cost of goods sold =$1011000.
Explanation- Cost of goods sold = Beginning finished goods inventory+ Cost of goods manufactured-Ending finished goods inventory
= $378000+$967000-$334000
= $1011000.
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-17 Saved Compute cost of goods sold for the period using the following information. Finished goods...
Compute cost of goods sold using the following information: $ Finished goods inventory, beginning Cost of...
Compute cost of goods sold using the following information: $ Finished goods inventory, beginning Cost of goods manufactured Finished goods inventory, ending 800 4,200 1,150 Cost of Goods Sold is Computed as: Cost of goods sold $ 0 Compute cost of goods sold for the period using the following information. Finished goods inventory, beginning Work in process inventory, beginning Work in process inventory, ending Cost of goods manufactured Finished goods inventory, ending $ 370,000 85,000 74,100 961,300 298,000 Cost of...
4 Compute cost of goods sold for the period using the following information. 12.5 points Finished...
4 Compute cost of goods sold for the period using the following information. 12.5 points Finished goods inventory, beginning Work in process inventory, beginning Work in process inventory, ending Cost of goods manufactured Finished goods inventory, ending $364,000 87,000 76,500 938,500 289,000 eBook References Cost of Goods Sold is Computed as: Cost of goods sold $ Finished goods inventory, beginning Work in process inventory, beginning Work in process inventory, ending Cost of goods manufactured Finished goods inventory, ending Cost of...
Compute cost of goods sold for the period using the following information. Finished goods inventory, beginning...
Compute cost of goods sold for the period using the following information. Finished goods inventory, beginning Work in process inventory, beginning Work in process inventory, ending Cost of goods manufactured Finished goods inventory, ending $345,000 83,500 72,300 918,700 283,600 points eBook Hint Print Cost of Goods Sold is Computed as: $ 345,000 Finished goods inventory, beginning References 345,000 $ 345,000 Cost of goods sold
QS 14-10 Cost of goods sold LO P1 Compute cost of goods sold for the period...
QS 14-10 Cost of goods sold LO P1 Compute cost of goods sold for the period using the following information. Finished goods inventory, beginning Work in process inventory, beginning Work in process inventory, ending Cost of goods manufactured Finished goods inventory, ending $350,000 85,500 75,000 949,900 334,000 Cost of Goods Sold is Computed as: Cost of goods sold
2 Compute cost of goods sold using the following information: 12.5 points Finished goods inventory, beginning...
2 Compute cost of goods sold using the following information: 12.5 points Finished goods inventory, beginning Cost of goods manufactured Finished goods inventory, ending 960 6,600 1,150 eBook Cost of Goods Sold is Computed as: References Cost of goods sold 2 Compute cost of goods sold using the following information: 12.5 points Finished goods inventory, beginning Cost of goods manufactured Finished goods inventory, ending $ 960 6,680 1,150 eBook Cost of Goods Sold is Computed as: References Beginning finished goods...
Compute cost of goods sold using the following information: Finished goods inventory, beginning Cost of goods...
Compute cost of goods sold using the following information: Finished goods inventory, beginning Cost of goods manufactured Finished goods inventory, ending 780 4,320 1,200 Cost of Goods Sold is Computed as: Cost of goods sold
QS 14-7 Cost of goods sold LO P1 Compute cost of goods sold for 2015 using...
QS 14-7 Cost of goods sold LO P1 Compute cost of goods sold for 2015 using the following information. Finished goods inventory, Dec. 31, 2014 Work in process inventory, Dec. 31, 2014 Work in process inventory, Dec. 31, 2015 Cost of goods manufactured, 2015 Finished goods inventory, Dec. 31, 2015 376,000 85,000 72,900 927,100 334,000 Cost of Goods Sold is Computed as: Cost of goods available for sale Cost of goods sold $ 0
Compute cost of goods sold for 2015 using the following information. $ Finished goods inventory, Dec....
Compute cost of goods sold for 2015 using the following information. $ Finished goods inventory, Dec. 31, 2014 Work in process inventory, Dec. 31, 2014 Work in process inventory, Dec. 31, 2015 Cost of goods manufactured, 2015 Finished goods inventory, Dec. 31, 2015 345,000 83,500 72,300 918,700 283,600 Cost of Goods Sold is Computed as: Cost of goods sold
Compute cost of goods sold using the following information: Finished goods inventory, beginning $ 880 Cost...
Compute cost of goods sold using the following information: Finished goods inventory, beginning $ 880 Cost of goods manufactured 6,320 Finished goods inventory, ending 1,150
Compute cost of goods sold using the following information: $ 10 points Finished goods inventory, beginning...
Compute cost of goods sold using the following information: $ 10 points Finished goods inventory, beginning Cost of goods manufactured Finished goods inventory, ending 600 7,800 1,150 eBook Hint Cost of Goods Sold is Computed as: Beginning finished goods inventory Print References Cost of goods sold 0 Check my work Compute the total manufacturing cost for a manufacturer with the following information for the month. 10 points Raw materials purchased Direct materials used Direct labor used Factory supervisor salary Salesperson...
Compute cost of goods sold using the following information: $ Finished goods inventory, beginning Cost of goods manufactured Finished goods inventory, ending 800 4,200 1,150 Cost of Goods Sold is Computed as: Cost of goods sold $ 0 Compute cost of goods sold for the period using the following information. Finished goods inventory, beginning Work in process inventory, beginning Work in process inventory, ending Cost of goods manufactured Finished goods inventory, ending $ 370,000 85,000 74,100 961,300 298,000 Cost of...
4 Compute cost of goods sold for the period using the following information. 12.5 points Finished goods inventory, beginning Work in process inventory, beginning Work in process inventory, ending Cost of goods manufactured Finished goods inventory, ending $364,000 87,000 76,500 938,500 289,000 eBook References Cost of Goods Sold is Computed as: Cost of goods sold $ Finished goods inventory, beginning Work in process inventory, beginning Work in process inventory, ending Cost of goods manufactured Finished goods inventory, ending Cost of...
Compute cost of goods sold for the period using the following information. Finished goods inventory, beginning Work in process inventory, beginning Work in process inventory, ending Cost of goods manufactured Finished goods inventory, ending $345,000 83,500 72,300 918,700 283,600 points eBook Hint Print Cost of Goods Sold is Computed as: $ 345,000 Finished goods inventory, beginning References 345,000 $ 345,000 Cost of goods sold
QS 14-10 Cost of goods sold LO P1 Compute cost of goods sold for the period using the following information. Finished goods inventory, beginning Work in process inventory, beginning Work in process inventory, ending Cost of goods manufactured Finished goods inventory, ending $350,000 85,500 75,000 949,900 334,000 Cost of Goods Sold is Computed as: Cost of goods sold
2 Compute cost of goods sold using the following information: 12.5 points Finished goods inventory, beginning Cost of goods manufactured Finished goods inventory, ending 960 6,600 1,150 eBook Cost of Goods Sold is Computed as: References Cost of goods sold 2 Compute cost of goods sold using the following information: 12.5 points Finished goods inventory, beginning Cost of goods manufactured Finished goods inventory, ending $ 960 6,680 1,150 eBook Cost of Goods Sold is Computed as: References Beginning finished goods...
Compute cost of goods sold using the following information: Finished goods inventory, beginning Cost of goods manufactured Finished goods inventory, ending 780 4,320 1,200 Cost of Goods Sold is Computed as: Cost of goods sold
QS 14-7 Cost of goods sold LO P1 Compute cost of goods sold for 2015 using the following information. Finished goods inventory, Dec. 31, 2014 Work in process inventory, Dec. 31, 2014 Work in process inventory, Dec. 31, 2015 Cost of goods manufactured, 2015 Finished goods inventory, Dec. 31, 2015 376,000 85,000 72,900 927,100 334,000 Cost of Goods Sold is Computed as: Cost of goods available for sale Cost of goods sold $ 0
Compute cost of goods sold for 2015 using the following information. $ Finished goods inventory, Dec. 31, 2014 Work in process inventory, Dec. 31, 2014 Work in process inventory, Dec. 31, 2015 Cost of goods manufactured, 2015 Finished goods inventory, Dec. 31, 2015 345,000 83,500 72,300 918,700 283,600 Cost of Goods Sold is Computed as: Cost of goods sold
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