question archive 3 $ 331,000Direct labor652,000Manufacturing overhead, actual448,000Selling expenses267,000Administrative expenses194,000Interest expense91,000 During the month, 53,000 units of product were manufactured and 48,000 units of product were sold
3 $ 331,000Direct labor652,000Manufacturing overhead, actual448,000Selling expenses267,000Administrative expenses194,000Interest expense91,000 During the month, 53,000 units of product were manufactured and 48,000 units of product were sold
Subject:AccountingPrice: Bought3
3
$ 331,000Direct labor652,000Manufacturing overhead, actual448,000Selling expenses267,000Administrative expenses194,000Interest expense91,000
During the month, 53,000 units of product were manufactured and 48,000 units of product were sold. On June 1, Maryville carried no inventories. On June 30, there were no inventories other than finished goods.
HOw do I Calculate the cost of goods manufactured during June and the average cost per unit of product manufactured
How do I calculate the cost of goods sold during June.
How do I Calculate the difference between cost of goods manufactured and cost of goods sold. How will this amount be reported in the financial statements?
How I calculate a traditional (absorption) income statement for Maryville for the month of June. Assume that sales for the month was $2,448,000 and the company's effective income tax rate was 30%.
