The following were taken from the general ledger and other data of Du- sik Manufacturing on July 31: Finished goods, July 1- P85,000; Cost of goods manufactured in July P343,000; Finished goods, July 31 is P93,000. Compute the cost of goods sold *

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter1: Introduction To Cost Accounting
Section: Chapter Questions
Problem 4E: The following data were taken from the general ledger and other data of McDonough Manufacturing on...
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The following were taken from the
general ledger and other data of Du-
sik Manufacturing on July 31: Finished
goods, July 1- P85,000; Cost of
goods manufactured in July
P343,000; Finished goods, July 31 is
P93,000. Compute the cost of goods
sold *
Transcribed Image Text:The following were taken from the general ledger and other data of Du- sik Manufacturing on July 31: Finished goods, July 1- P85,000; Cost of goods manufactured in July P343,000; Finished goods, July 31 is P93,000. Compute the cost of goods sold *
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