Beginning Merchandise Inventory $11,20,000 Sales commission $ 5,850 Direct wage $ 1, 00,000 Other direct Expenses $1000 Factory Rent $ 11,000 Factory Building depreciation $ 20,000 Office managers salary $ 18,000 Advertising $ 5,900 Sales discount $2,500 Sales [?] Closing Merchandise Inventory $1,15,000 Merchandise purchased $ 2, 10,000 Purchase returns $ 15,000 Purchase allowance $5,000 Freight in $ 11,000 Ereight out $15.000
Beginning Merchandise Inventory $11,20,000 Sales commission $ 5,850 Direct wage $ 1, 00,000 Other direct Expenses $1000 Factory Rent $ 11,000 Factory Building depreciation $ 20,000 Office managers salary $ 18,000 Advertising $ 5,900 Sales discount $2,500 Sales [?] Closing Merchandise Inventory $1,15,000 Merchandise purchased $ 2, 10,000 Purchase returns $ 15,000 Purchase allowance $5,000 Freight in $ 11,000 Ereight out $15.000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Requirement: Raw material consumed and Prime cost
![Beginning Merchandise Inventory $11,20,000
Sales commission $ 5,850
Direct wage $ 1, 00,000
Other direct Expenses $1000
Factory Rent $ 11,000
Factory Building depreciation $ 20,000
Office managers salary $ 18,000
Advertising $ 5,900
Sales discount $2,500
Sales [?]
Closing Merchandise Inventory $1,15,000
Merchandise purchased $ 2, 10,000
Purchase returns $ 15,000
Purchase allowance $5,000
Freight in $ 11,000
Freight out $15,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F814b6424-898a-48a2-aa81-557c9bcf13f6%2F3a6a88ad-ebdd-4669-b6a8-41eff9315e26%2F4ya6qd_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Beginning Merchandise Inventory $11,20,000
Sales commission $ 5,850
Direct wage $ 1, 00,000
Other direct Expenses $1000
Factory Rent $ 11,000
Factory Building depreciation $ 20,000
Office managers salary $ 18,000
Advertising $ 5,900
Sales discount $2,500
Sales [?]
Closing Merchandise Inventory $1,15,000
Merchandise purchased $ 2, 10,000
Purchase returns $ 15,000
Purchase allowance $5,000
Freight in $ 11,000
Freight out $15,000
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