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Required :Calculate the unknowns Selected by question marks:

Required :Calculate the unknowns Selected by question marks:

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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EX3:The following information was taken from the accounting records of Baghdad Manufacturing Company. unluckily, some of the data were destroyed by a computer malfunction. Amounts Details 150.000$ sales 35.000$ 28.000$ Finished goods Inventory ,Jan.1,2010 Finished goods Inventory ,Dec.31,2010 Costs of goods sold Gross Profit(margin) Marketing(selling)&management Operating inconme Work in Process Inventory, Jan.1,2010 40.000$ ? 61.000$ 25.000$ 23.000$ ?. 1.000$ 10.000$ 22.000$ 14.000$ 8.000$ Direct Materials 18.000$ 9.000$ 15.000$ 50.000$ Direct labor(wages) Factory Overhead cost Total Manufacture cost 35.000$ Work in Process Inventory,Dec.31,2010 22.000$ cost of goods manufactured Required :Calculate the unknowns Selected by question marks: 45.000$
Transcribed Image Text:EX3:The following information was taken from the accounting records of Baghdad Manufacturing Company. unluckily, some of the data were destroyed by a computer malfunction. Amounts Details 150.000$ sales 35.000$ 28.000$ Finished goods Inventory ,Jan.1,2010 Finished goods Inventory ,Dec.31,2010 Costs of goods sold Gross Profit(margin) Marketing(selling)&management Operating inconme Work in Process Inventory, Jan.1,2010 40.000$ ? 61.000$ 25.000$ 23.000$ ?. 1.000$ 10.000$ 22.000$ 14.000$ 8.000$ Direct Materials 18.000$ 9.000$ 15.000$ 50.000$ Direct labor(wages) Factory Overhead cost Total Manufacture cost 35.000$ Work in Process Inventory,Dec.31,2010 22.000$ cost of goods manufactured Required :Calculate the unknowns Selected by question marks: 45.000$
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