Current Attempt in Progress The following information is available for Sage Hill Company. January 1, 2025 $22,800 15,300 29,850 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead. Sales revenue 2025 $165,000 242,000 198,000 1,001,000 December 31, 2025 $33,000 19,050 23,100

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Compute cost of goods manufactured. (Assume that all raw materials used were direct materials.)
SAGE HILL COMPANY
Cost of Goods Manufactured Schedule
>
>
>
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eTextbook and Media
!
.
Transcribed Image Text:Compute cost of goods manufactured. (Assume that all raw materials used were direct materials.) SAGE HILL COMPANY Cost of Goods Manufactured Schedule > > > > eTextbook and Media ! .
Current Attempt in Progress
The following information is available for Sage Hill Company.
Raw materials inventory.
Work in process inventory
Finished goods inventory
Materials purchased
Direct labor
Manufacturing overhead
Sales revenue
January 1, 2025
$22,800
15,300
29,850
2025
$165,000
242,000
198,000
1,001,000
December 31, 2025
$33,000
19,050
23,100
Transcribed Image Text:Current Attempt in Progress The following information is available for Sage Hill Company. Raw materials inventory. Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue January 1, 2025 $22,800 15,300 29,850 2025 $165,000 242,000 198,000 1,001,000 December 31, 2025 $33,000 19,050 23,100
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