Question 2 Assume the following costs in each of the categories identified in question one are: Packaged (Cans & Bottles) $154,844 Kegs $83,586 $42,000 $9,000 $240,000 $18,000 $30,000 $30,000 $18,000 $180,000 Shrinkage/WIP Loss Contract Labor Direct Labor Freight Consumer Advertising Trade Promotion. Sales Promotion Salaries & Benefits What is Shannon's cost of goods sold?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 2
Assume the following costs in each of the categories identified in question one are:
Packaged (Cans & Bottles)
$154,844
Kegs
$83,586
$42,000
$9,000
$240,000
$18,000
$30,000
$30,000
$18,000
$180,000
Shrinkage/WIP Loss
Contract Labor
Direct Labor
Freight
Consumer Advertising
Trade Promotion.
Sales Promotion
Salaries & Benefits
What is Shannon's cost of goods sold?
Transcribed Image Text:Question 2 Assume the following costs in each of the categories identified in question one are: Packaged (Cans & Bottles) $154,844 Kegs $83,586 $42,000 $9,000 $240,000 $18,000 $30,000 $30,000 $18,000 $180,000 Shrinkage/WIP Loss Contract Labor Direct Labor Freight Consumer Advertising Trade Promotion. Sales Promotion Salaries & Benefits What is Shannon's cost of goods sold?
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