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Raw material purchases Energy consumption in production Energy consumption in headquarters depreciation Sales revenue Rent revenue Factory/machinery O a. 562.000, 162.000 O b. 362.000, 562.000 O c. 362.000, 162.000 Direct labor costs Indirect labor costs Salaries for headquarters personnel Raw materials (opening yearly balance-500.000) Work-in process Finished goods Cost of goods sold ? Suppose that the table belongs to a firm's December transactions. What are the Cost of Go Manufactured and Cost of Goods Sold? O d. 562.000, 362.000 Refer to Question. What is the net income? O a. 2.438.000 O b. 1.488.000 O c. 1.728.000 Ending Beginning Within 4,000,000.00 500,000.00 4,500,000.00 220,000.00 20,000.00 240,000.00 2,000,000.00 200,000.00 2,200,000.00 400,000.00 40,000.00 440,000.00 55,000.00 5,000.00 28,000.00 2,000.00 880,000.00 120,000.00 1,000,000.00 700,000.00 890,000.00 400,000.00 60,000.00 30,000.00 600,000.00 100,000.00 800,000.00 90,000.00 300,000.00 1,200,000.00 500,000.00 1,900,000.00 1,000,000.00 900,000.00

Raw material purchases Energy consumption in production Energy consumption in headquarters depreciation Sales revenue Rent revenue Factory/machinery O a. 562.000, 162.000 O b. 362.000, 562.000 O c. 362.000, 162.000 Direct labor costs Indirect labor costs Salaries for headquarters personnel Raw materials (opening yearly balance-500.000) Work-in process Finished goods Cost of goods sold ? Suppose that the table belongs to a firm's December transactions. What are the Cost of Go Manufactured and Cost of Goods Sold? O d. 562.000, 362.000 Refer to Question. What is the net income? O a. 2.438.000 O b. 1.488.000 O c. 1.728.000 Ending Beginning Within 4,000,000.00 500,000.00 4,500,000.00 220,000.00 20,000.00 240,000.00 2,000,000.00 200,000.00 2,200,000.00 400,000.00 40,000.00 440,000.00 55,000.00 5,000.00 28,000.00 2,000.00 880,000.00 120,000.00 1,000,000.00 700,000.00 890,000.00 400,000.00 60,000.00 30,000.00 600,000.00 100,000.00 800,000.00 90,000.00 300,000.00 1,200,000.00 500,000.00 1,900,000.00 1,000,000.00 900,000.00

FINANCIAL ACCOUNTING
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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Sales revenue Rent revenue Raw material purchases Energy consumption in production Energy consumption in headquarters depreciation Factory/machinery Direct labor costs O b. 362.000, 562.000 c. 362.000, 162.000 O d. 562.000, 362.000 Refer to Question. What is the net income? O a. 2.438.000 O b. 1.488.000 Beginning Within Ending 4,000,000.00 500,000.00 4,500,000.00 220,000.00 20,000.00 240,000.00 2,000,000.00 200,000.00 2,200,000.00 400,000.00 40,000.00 440,000.00 55,000.00 5,000.00 28,000.00 2,000.00 O c. 1.728.000 O d. 4.500.000 880,000.00 120,000.00 600,000.00 100,000.00 800,000.00 90,000.00 300,000.00 1,200,000.00 500,000.00 1,900,000.00 Indirect labor costs Salaries for headquarters personnel Raw materials (opening yearly balance 500.000) Work-in process 900,000.00 Finished goods Cost of goods sold ? ? Suppose that the table belongs to a firm's December transactions. What are the Cost of Goods Manufactured and Cost of Goods Sold? O a. 562.000, 162.000 60,000.00 30,000.00 1,000,000.00 700,000.00 890,000.00 400,000.00 1,000,000.00
Transcribed Image Text:Sales revenue Rent revenue Raw material purchases Energy consumption in production Energy consumption in headquarters depreciation Factory/machinery Direct labor costs O b. 362.000, 562.000 c. 362.000, 162.000 O d. 562.000, 362.000 Refer to Question. What is the net income? O a. 2.438.000 O b. 1.488.000 Beginning Within Ending 4,000,000.00 500,000.00 4,500,000.00 220,000.00 20,000.00 240,000.00 2,000,000.00 200,000.00 2,200,000.00 400,000.00 40,000.00 440,000.00 55,000.00 5,000.00 28,000.00 2,000.00 O c. 1.728.000 O d. 4.500.000 880,000.00 120,000.00 600,000.00 100,000.00 800,000.00 90,000.00 300,000.00 1,200,000.00 500,000.00 1,900,000.00 Indirect labor costs Salaries for headquarters personnel Raw materials (opening yearly balance 500.000) Work-in process 900,000.00 Finished goods Cost of goods sold ? ? Suppose that the table belongs to a firm's December transactions. What are the Cost of Goods Manufactured and Cost of Goods Sold? O a. 562.000, 162.000 60,000.00 30,000.00 1,000,000.00 700,000.00 890,000.00 400,000.00 1,000,000.00
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