Unit V question 3

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Unit V question 3

(b)
Determine the missing amount for each letter.
ase
1.
2.
Direct materials used
同)
Direct labor
Manufacturing overhead
4,140
088 8
Total manufacturing costs
16.450
Beginning work in process inventory
066
(4)
Ending work in process inventory
(b)
25,250
(0)
Sales discounts
00.00
Cost of goods manufactured
086
Beginning finished goods inventory
(e)
Cost of goods available for sale
Cost of goods sold
(P)
()
Ending finished goods inventory
Gross profit
(e)
Operating expenses
Net income
5,140
(4)
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(b)
Transcribed Image Text:(b) Determine the missing amount for each letter. ase 1. 2. Direct materials used 同) Direct labor Manufacturing overhead 4,140 088 8 Total manufacturing costs 16.450 Beginning work in process inventory 066 (4) Ending work in process inventory (b) 25,250 (0) Sales discounts 00.00 Cost of goods manufactured 086 Beginning finished goods inventory (e) Cost of goods available for sale Cost of goods sold (P) () Ending finished goods inventory Gross profit (e) Operating expenses Net income 5,140 (4) eTextbook and Media Seve for Later Attempts: 0 of 3 used Submit AngA (b)
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