Elliott Manufacturing Corp.
Hi, can you please show me how to figure out? I believe the answer is $33,000 but need to know how to find.
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The following information was taken from the accounting records of Elliott Manufacturing Corp. Unfortunately, some of the data were destroyed by a computer malfunction.
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Sales Revenue  $58,000
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Finished Goods Inventory, Beginning 9,000
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Finished Goods Inventory, Ending 6,000
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Cost of Goods Sold  ?
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Gross Margin  25,000
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Direct Materials Used 10,000
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Selling and Administrative Expense ?
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Operating Income 14,000
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Work-in-Process Inventory, Beginning ?
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Work-in-Process Inventory, Ending 5,000
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Direct Labor Used 9,000
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Factory Overhead 12,000
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Total Manufacturing Cost ?
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Cost of Goods Manufactured ?
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Selling and administrative expenses are calculated to be:
Answers
Status NEW
Posted 20 Jun 2017 03:06 AM
My Price 15.00
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