Cost of Direct Materials, Cost of Goods Manufactured, Cost of Goods Sold
Bisby Company manufactures fishing rods. At the beginning of July, the following information was supplied by its accountant:
During July, the direct labor cost was $43,500, raw materials purchases were $64,000, and the total overhead cost was $108,750. The inventories at the end of July were:
Required:
College Accounting, Chapters 1-27
Intermediate Accounting: Reporting And Analysis
Corporate Financial Accounting
Accounting Information Systems
Financial And Managerial Accounting
Financial & Managerial Accounting
Financial Accounting
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Brief Principles of Macroeconomics (MindTap Course List)
College Accounting (Book Only): A Career Approach
Financial Accounting
Financial & Managerial Accounting
College Accounting (Book Only): A Career Approach
Accounting (Text Only)
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
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Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
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Principles of Macroeconomics (MindTap Course List)
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Corporate Financial Accounting
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Purchasing and Supply Chain Management
Macroeconomics
Microeconomics
Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Financial Accounting
Managerial Accounting
MACROECONOMICS FOR TODAY
Understanding Management (MindTap Course List)
Macroeconomics: Private and Public Choice (MindTap Course List)
Micro Economics For Today
Microeconomics: Private and Public Choice (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)