Selected nominal account balances of Seneca Products Corporation as of December 31, 2010 were as follows: Direct Labor……………………………………………..$362,000 Direct Materials Purchases……………………………… 479,000 Manufacturing (factory) Overhead……………………… 145,000 Inventory Balances were as follows: January 1 December 31 Work In Process $12,100 $11,900 Direct Materials 27,800 26,200 prepare in proper form the SCHEDULE OF COST OF GOODS MANUFACTURED for the year ending December 31, 20CY

Selected nominal account balances of Seneca Products Corporation as of December 31, 2010 were as follows: Direct Labor……………………………………………..$362,000 Direct Materials Purchases……………………………… 479,000 Manufacturing (factory) Overhead……………………… 145,000 Inventory Balances were as follows: January 1 December 31 Work In Process $12,100 $11,900 Direct Materials 27,800 26,200 prepare in proper form the SCHEDULE OF COST OF GOODS MANUFACTURED for the year ending December 31, 20CY

Name: Selected nominal account balances of Seneca Products Corporation as of
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Description: Selected nominal account balances of Seneca Products Corporation as of December 31, 2010 were as follows: Direct Labor……………………………………………..$362,000Direct Materials Purchases……………………………… 479,000Manufacturing (factory) Overhead……………………… 145,000 Inventor

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter9: Working Capital

Section: Chapter Questions

Problem 27E

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