Direct materials inventory at Beginning $9,000 Direct materials inventory at ending Work in process inventory at beginning $17,000 Work in process inventory at ending Finished goods inyentory at beginning Finished goods inventory at ending Total material purchased Depreciation for production 8000 $7,000 $31,000 $10,000 $15,000 50000 10000 direct labor costs 5000 rent expense The cost of goods manufactured for the year was

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter7: Inventories: Cost Measurement And Flow Assumptions
Section: Chapter Questions
Problem 1E: Inventory Accounts for a Manufacturing Company Fujita Company produces a single product. Costs...
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Birect materials inventory at Beginning $9,000
Direct materials inventory at ending
Work in process inventory at beginning $17,000
Work in process inventory at ending
Finished goods inyentory at beginning
Finished goods inventory at ending
Total material purchased
Depreciation for production
$7,000
$31,000
$10,000
$15,000
50000
10000
direct labor costs
8000
5000
rent expense
: The cost of goods manufactured for the year was
Transcribed Image Text:Birect materials inventory at Beginning $9,000 Direct materials inventory at ending Work in process inventory at beginning $17,000 Work in process inventory at ending Finished goods inyentory at beginning Finished goods inventory at ending Total material purchased Depreciation for production $7,000 $31,000 $10,000 $15,000 50000 10000 direct labor costs 8000 5000 rent expense : The cost of goods manufactured for the year was
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