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1.Compute cost of goods sold for year 2013 using the following information.
Finished goods inventory, Dec. 31, 2012 . . . . . . . . . . . . $ 345,000Goods in process inventory, Dec. 31, 2012 . . . . . . . . . . 83,500Goods in process inventory, Dec. 31, 2013 . . . . . . . . . . 72,300Cost of goods manufactured, year 2013 . . . . . . . . . . . . 918,700Finished goods inventory, Dec. 31, 2013 . . . . . . . . . . . 283,600
Sanker Inc. has provided the following data for the month of August. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month.
College Supply Company (CSC) makes three types of drinking glasses: short, medium, and tall. It presently applies overhead using a predetermined rate based on direct labor hours.
A recent analysis of support staff found a strong correlation with the number of clients served. In contrast, in-house computing and misc. office cost varied directly with the number of computer hours logged and number of client transactions, resp..
i just need help not someone to do it for me. i have attached the
Calculate the contribution each of the three alternatives will make to Grumbles Industries' pre-tax profits and what is the lowest price Grumbles Industries should accept?
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Evaluate the costs of goods transferred out and the ending inventory using the weighted-average method.
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