question archive The following information was taken from the accounts of ABC Corp on December 31, 2010:1/1/201012/31/2010Beginning InventoryEnding InventoryInventories:Raw materials30,00026,000Work-in-progress24,00025,000Finished goods15,00020,000Costs incurred:Purchase of raw materials150,000Direct labor60,000Rent, factory40,000Utilities, factory10,000Indirect materials5,000Indirect labor 12,000Selling expenses21,000Administrative expenses26,000Prepare a schedule for Cost of Good Manufactured for 2010
The following information was taken from the accounts of ABC Corp on December 31, 2010:1/1/201012/31/2010Beginning InventoryEnding InventoryInventories:Raw materials30,00026,000Work-in-progress24,00025,000Finished goods15,00020,000Costs incurred:Purchase of raw materials150,000Direct labor60,000Rent, factory40,000Utilities, factory10,000Indirect materials5,000Indirect labor 12,000Selling expenses21,000Administrative expenses26,000Prepare a schedule for Cost of Good Manufactured for 2010
Subject:AccountingPrice: Bought3
The following information was taken from the accounts of ABC Corp on December 31, 2010:1/1/201012/31/2010Beginning InventoryEnding InventoryInventories:Raw materials30,00026,000Work-in-progress24,00025,000Finished goods15,00020,000Costs incurred:Purchase of raw materials150,000Direct labor60,000Rent, factory40,000Utilities, factory10,000Indirect materials5,000Indirect labor 12,000Selling expenses21,000Administrative expenses26,000Prepare a schedule for Cost of Good Manufactured for 2010.
