ON 62 | 6:45If the net sales 159 150 ID, -1beginning finished goods inventory 16500 ID ,Cost of goods manufactured121 050 ID , ending finished goodsinventory 900O ID,thegross profit.(.. . are60 60090 60030 600 OIf the prime cost 70 700 ID ,- 2manufacturing overhead 12 000 ID,beginning work inproces inventory 4000 ID ,ending work inprocesinventory 6 00O ID ,the cost of goods* . . .) manufactured are80 700 ID. O100 700 ID.60 700 ID.

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Description: ON 62 | 6:45If the net sales 159 150 ID, -1beginning finished goods inventory 16500 ID ,Cost of goods manufactured121 050 ID , ending finished goodsinventory 900O ID,thegross profit.(.. . are60 60090 60030 600 OIf the prime cost 70 700 ID ,- 2manufa

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If the net sales 159 150 ID , -1 beginning finished goods inventory 16 500 ID ,Cost of goods manufactured 121 050 ID , ending finished goods inventory 900O ID , the gross profit *.(. . are 60 600 O 90 600 O 30 600 O

If the net sales 159 150 ID , -1 beginning finished goods inventory 16 500 ID ,Cost of goods manufactured 121 050 ID , ending finished goods inventory 900O ID , the gross profit *.(. . are 60 600 O 90 600 O 30 600 O

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter18: Pricing And Profitability Analysis

Section: Chapter Questions

Problem 24E: Banwood Company has the following information for 20x1: There were no beginning inventories. What is...

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Banwood Company has the following information for 20x1: There were no beginning inventories. What is the ending inventory for Banwood using the absorption costing method? a. 300,000 b. 180,000 c. 120,000 d. 80,000
If the beginning finished goods inventory 250 000 ID , prime cost 250 000 ID , ending finished goods inventory 160 000 ID , manufacturing overhead expenses 180 000 ID , cost of goods manufactured 1224 000 ID , the cost of goods sold are : - a - 1314 000 ID. b - 2184 000 ID . c - 1824 000 ID .
If the beginning finished goods inventory 250 000 ID. prime cost 250 000 ID, ending finished goods inventory 160 000 ID, manufacturing overhead expenses 180 000 ID cost of goods manufactured 1224 000 ID, the cost of goods *-: sold are
Prime cost is 236000 OMR, and cost of production for the year is 298420 OMR Opening stock of work in progress is 12000, and closing stock of Work in progress is 13500 OMR, Opening stock of finished goods is 20000, and closing stock of finished goods is 14000 OMR, Cost of goods manufactured 958000 OMR Calculate cost of Goods Sold Select one: a. 969600 OMR b. 964000 OMR c. 999000 OMR d. None of these
4.The following were taken from accounting records of Bella Company in December 2020.Prime cost, P301,000Gross profit rate on sales, 20%Cost of goods available for sale, P460,000Direct materials purchased, P170,000Work in process, December 1, 2020, P34,000Direct Materials, December 1, 2020, P16,000Finished goods, December 1, 2020, P30,000Factory overhead, 40% of conversion cost.Sales, P500,000Direct labor, P180,000Compute for December 31, 2020: (1) Direct materials inventory; (2) Work in process inventory; (3) Finished goodsinventory: A.(1) P6,000 ; (2) P25,400 ; (3) P30,000B. (1) P49,000 ; (2) P25,000 ; (3) P30,000C. (1) P65,000 ; (2) P25,400 ; (3) P60,000D. (1) P65,000 ; (2) P25,000 ; (3) P60,000
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