Bonita Company reported the following year-end information: 4 Beginning work in process inventory $44000 Beginning raw materials inventory Ending work in process inventory Ending raw materials inventory Raw materials purchased Direct labor Manufacturing overhead 27000 O $1367000 O $832000 O $1358000 O $1376000 53000 20000 825000 435000 100000 How much is Bonita's cost of goods manufactured for the year?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Bonita Company reported the following year-end information:
Beginning work in process inventory $44000
Beginning raw materials inventory
Ending work in process inventory
Ending raw materials inventory
Raw materials purchased
Direct labor
Manufacturing overhead
$1367000
O $832000
27000
$1358000
$1376000
53000
20000
825000
435000
100000
How much is Bonita's cost of goods manufactured for the year?
2
Transcribed Image Text:Bonita Company reported the following year-end information: Beginning work in process inventory $44000 Beginning raw materials inventory Ending work in process inventory Ending raw materials inventory Raw materials purchased Direct labor Manufacturing overhead $1367000 O $832000 27000 $1358000 $1376000 53000 20000 825000 435000 100000 How much is Bonita's cost of goods manufactured for the year? 2
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