Bundle: College Accounting, Chapters 1-15, Loose-Leaf Version, 22nd + LMS Integrated for CengageNOWv2, 1 term Printed Access Card
Bundle: College Accounting, Chapters 1-15, Loose-Leaf Version, 22nd + LMS Integrated for CengageNOWv2, 1 term Printed Access Card
22nd Edition
ISBN: 9781305930681
Author: James A. Heintz, Robert W. Parry
Publisher: Cengage Learning
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Chapter 26, Problem 2SEA

SCHEDULE OF COST OF GOODS MANUFACTURED The following information is supplied for Maupin Manufacturing Company. Prepare a schedule of cost of goods manufactured for the year ended December 31, 20--. Assume that all materials inventory items are direct materials.

Work in process, January 1 $77,000
Materials inventory, January 1 31,000
Materials purchases 35,000
Materials inventory, December 31 26,000
Direct labor 48,000
Overhead 20,000
Work in process, December 31 62,000
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Bundle: College Accounting, Chapters 1-15, Loose-Leaf Version, 22nd + LMS Integrated for CengageNOWv2, 1 term Printed Access Card

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