Fundamentals Of Cost Accounting (6th Edition)
6th Edition
ISBN: 9781259969478
Author: WILLIAM LANEN, Shannon Anderson, Michael Maher
Publisher: McGraw Hill Education
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Textbook Question
Chapter 2, Problem 37E
Prepare Statements for a Manufacturing Company
The following balances are from the accounts of Tappan Parts:
Direct materials used during the year amount to $1,196,000 and the cost of goods sold for the year was $1,378,000.
Required
Find the following by completing a cost of goods sold statement:
- a. Cost of direct materials purchased during the year.
- b. Cost of goods manufactured during the year.
- c. Total
manufacturing costs incurred during the year.
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Fundamentals Of Cost Accounting (6th Edition)
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