Maurice Tutor

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    Argosy University/ Phoniex University/
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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 20 Aug 2017 My Price 7.00

Bahadir Company

Cost flow relationships

 

The following information is available for the first month of operations of Bahadir Com- pany, a manufacturer of mechanical   pencils:

 

 

 

 

Sales

$792,000

Gross profit

462,000

Cost of goods manufactured

396,000

Indirect labor

171,600

Factory depreciation

26,400

Materials purchased

244,200

Total manufacturing costs for the period

455,400

Materials inventory, ending

33,000

 
 

 

 

 

 

 

 

 

Using the information given, determine the following missing amounts:

a.     Cost of goods sold

b.     Finished goods inventory at the end of the month

c.     Direct materials cost

d.     Direct labor cost

e.     Work in process inventory at the end of the month

 

Answers

Maurice Tutor
(5)
Status NEW Posted 20 Aug 2017 08:08 PM My Price 7.00

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