PRACTICE EXERCISE 2: Use a separated sheet of paper for your answer.Prepare for the Projected Cost of Goods Manufactured Schedule of SARS Company for 2020given the following:Direct Materials:Direct Labor:Manufacturing Overhead:Beginning WIP* InventoryEnding WIP Inventory*WIF is Work in ProcessP100,000P50,000P60,000P10,000P30,000

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Prepare for the Projected Cost of Goods Manufactured Schedule of SARS Company for 2020 given the following:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

PRACTICE EXERCISE 2: Use a separated sheet of paper for your answer.
Prepare for the Projected Cost of Goods Manufactured Schedule of SARS Company for 2020
given the following:
Direct Materials:
Direct Labor:
Manufacturing Overhead:
Beginning WIP* Inventory
Ending WIP Inventory
*WIF is Work in Process
P100,000
P50,000
P60,000
P10,000
P30,000

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