Solution-Compute cost of goods sold for the year

Compute cost of goods sold for the year

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Reference no: EM132813762

Question - Beck Manufacturing reports the following information in T-account form for 2019. Raw Materials Inventory Begin. Inv. 12,900 Purchases 52,000 Avail for use 64,900 DM used 51,500 End. Inv. 13,400 Work in Process Inventory Begin. Inv. 17,800 DM used 51,500 Direct labor 33,500 Overhead 57,500 Manuf. costs 160,300 Cost of goods manuf. 147,200 End. Inv. 13,100 Finished Goods Inventory Begin. Inv. 17,800 Cost of goods manuf. 147,200 Avail for sale 165,000 Cost of Goods Sold 146,700 End. Inv. 18,300

Required -

1. Prepare the schedule of cost of goods manufactured for the year.

2. Compute cost of goods sold for the year.

Reference no: EM132813762

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Compute cost of goods sold for the year

Reference no: EM132813762

Reference no: EM132813762

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