Current Attempt in Progress The manufacturing operations of Blossom, Inc. had the following balances at the beginning and end of January: Inventories January 1 January 31 Raw materials $12,240 $13,260 Work in process 21,420 23,460 Finished goods 14,280 16,320 Blossom transferred $295,800 of completed goods out of Work in Process Inventory during January. Compute the cost of goods sold for the month. Cost of goods sold $
Current Attempt in Progress The manufacturing operations of Blossom, Inc. had the following balances at the beginning and end of January: Inventories January 1 January 31 Raw materials $12,240 $13,260 Work in process 21,420 23,460 Finished goods 14,280 16,320 Blossom transferred $295,800 of completed goods out of Work in Process Inventory during January. Compute the cost of goods sold for the month. Cost of goods sold $
Chapter5: Process Costing
Section: Chapter Questions
Problem 11PB: Production information shows these costs and units for the smoothing department in August. What is...
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![Current Attempt in Progress
The manufacturing operations of Blossom, Inc. had the following balances at the beginning and end of January:
Inventories
January 1
January 31
Raw materials
$12,240
$13,260
Work in process
21,420
23,460
Finished goods
14,280
16,320
Blossom transferred $295,800 of completed goods out of Work in Process Inventory during January.
Compute the cost of goods sold for the month.
Cost of goods sold
$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1321e136-2104-40b0-9522-2dc5faff3a03%2Ffc4a0312-1b64-4f90-90bb-d7db1fcdae71%2F9hgbsbg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Current Attempt in Progress
The manufacturing operations of Blossom, Inc. had the following balances at the beginning and end of January:
Inventories
January 1
January 31
Raw materials
$12,240
$13,260
Work in process
21,420
23,460
Finished goods
14,280
16,320
Blossom transferred $295,800 of completed goods out of Work in Process Inventory during January.
Compute the cost of goods sold for the month.
Cost of goods sold
$
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