Solution-Find what was the cost of goods sold for september

Find what was the cost of goods sold for september

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Reference no: EM132500505

In September, Lauren Ashley Company purchased materials costing $240,000 and incurred direct labor cost of $150,000. Overhead totaled $300,000 for the month. Information on inventories was as follows:

September 1 September 30

Materials $120,000 $130,000

Work in process 80,000 90,000

Finished goods 70,000 65,000

Required:

Question 1: What was the cost of goods sold for September?

Reference no: EM132500505

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Find what was the cost of goods sold for september

Reference no: EM132500505

Reference no: EM132500505

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