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Assume the following costs in each of the categories identified in question one are: $133,533 Packaged (Cans & Bottles) $60,627 Kegs $42,000 $9,000 $240,000 $18,000 $30,000 $30,000 $18,000 $180,000 Shrinkage/WIP Loss Contract Labor Direct Labor Freight Consumer Advertising Trade Promotion Sales Promotion Salaries & Benefits What is Shannon's cost of goods sold?

Assume the following costs in each of the categories identified in question one are: $133,533 Packaged (Cans & Bottles) $60,627 Kegs $42,000 $9,000 $240,000 $18,000 $30,000 $30,000 $18,000 $180,000 Shrinkage/WIP Loss Contract Labor Direct Labor Freight Consumer Advertising Trade Promotion Sales Promotion Salaries & Benefits What is Shannon's cost of goods sold?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question 2 Assume the following costs in each of the categories identified in question one are: $133,533 Packaged (Cans & Bottles) $60,627 Kegs $42,000 $9,000 $240,000 $18,000 $30,000 $30,000 $18,000 $180,000 Shrinkage/WIP Loss Contract Labor Direct Labor Freight Consumer Advertising Trade Promotion Sales Promotion Salaries & Benefits What is Shannon's cost of goods sold? Question 3 Assume that projected revenue for 2018 is 1,023,775. Also assume the following pr in each of the cost categories from question one: Packaged (Caps & Bottles) $131 789 MacBook Pro
Transcribed Image Text:Question 2 Assume the following costs in each of the categories identified in question one are: $133,533 Packaged (Cans & Bottles) $60,627 Kegs $42,000 $9,000 $240,000 $18,000 $30,000 $30,000 $18,000 $180,000 Shrinkage/WIP Loss Contract Labor Direct Labor Freight Consumer Advertising Trade Promotion Sales Promotion Salaries & Benefits What is Shannon's cost of goods sold? Question 3 Assume that projected revenue for 2018 is 1,023,775. Also assume the following pr in each of the cost categories from question one: Packaged (Caps & Bottles) $131 789 MacBook Pro
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