2. The following information is available for Amir Company. January 1, 2017 2017 December 31, 2017 Raw materials inventory R.O. 26,000 R.O. 30,000 Work in process inventory 13,500 22,200 Finished goods inventory 30,000 21,000 Materials purchased R.O.170,000 Direct labor 220,000 Manufacturing overhead 180,000 Instructions (a) Compute cost of goods manufactured. (b) Cost of Goods Sold
2. The following information is available for Amir Company. January 1, 2017 2017 December 31, 2017 Raw materials inventory R.O. 26,000 R.O. 30,000 Work in process inventory 13,500 22,200 Finished goods inventory 30,000 21,000 Materials purchased R.O.170,000 Direct labor 220,000 Manufacturing overhead 180,000 Instructions (a) Compute cost of goods manufactured. (b) Cost of Goods Sold
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 6PB: During the year, a company purchased raw materials of $77,321 and incurred direct labor costs of...
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