Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 11 Aug 2017 My Price 4.00

XYZ Company

XYZ Company recorded the following information related to their inventory accounts for January: January 1, 2003 January 31, 2003 Direct materials 15,000 ? Work in process 15,000 10,000 Finished goods ? 7,000 Additional information is as follows:
Cost of goods manufactured .......... $26,000 Direct labor ........................ 8,000 Applied overhead .................... 10,000 Net income .......................... 40,000 S&A expenses ........................ 20,000 Sales revenue ....................... 90,000 Calculate the finished goods inventory balance on January 1.

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Aug 2017 04:08 PM My Price 4.00

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