Prepare a a cost of goods manufactured and sold statement for Eagle Manufacturing Company for the month ended March 31.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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he account balances are listed below for Eagle Manufacturing Company for the month of March.
Finished goods inventory, March 31
Direct materials purchases
Indirect labor
Direct labor
Work-in-process inventory, March 31
Factory supervisory salaries
Direct materials inventory, March 1
Factory utilities expense
Direct materials inventory, March 31
Work-in-process inventory, March 1
Factory depreciation expense
Finished goods inventory, March 1
Required:
$29,000
70,000
21,000
48,000
73,000
12,000
12,000
4,000
21,000
54,000
5.000
33,000
Prepare a cost of goods manufactured and sold statement for Eagle Manufacturing Company for the month ended March 31.
Transcribed Image Text:he account balances are listed below for Eagle Manufacturing Company for the month of March. Finished goods inventory, March 31 Direct materials purchases Indirect labor Direct labor Work-in-process inventory, March 31 Factory supervisory salaries Direct materials inventory, March 1 Factory utilities expense Direct materials inventory, March 31 Work-in-process inventory, March 1 Factory depreciation expense Finished goods inventory, March 1 Required: $29,000 70,000 21,000 48,000 73,000 12,000 12,000 4,000 21,000 54,000 5.000 33,000 Prepare a cost of goods manufactured and sold statement for Eagle Manufacturing Company for the month ended March 31.
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