Purchase Solution

Cost of Good Manufactured

Not what you're looking for?

Ask Custom Question

Week Two company had these accounts on a jumbled trial balance

Finished Good 03/01 40,000
Direct Materials Purchases 5,000
Supervisory and indirect Material 45,000
Sales Revenue 200,000
Finished Goods 03/31 30,000
Heat, Light, Power 8,000
Misc Manufacturing cost 10,000
Plant maintenance and Repairs 5,000
WIP 03/31 38,000
Direct Materials Inventory 8,000
Marketing and Sales Cost 50,000
Machinery Depreciation 20,000
Direct Labor 100,000
Directal Materials Inventory 03/01 9,000
Supplies and Indirect Materials 3,000
WIP 03/01 35,000

Prepare a Combined Cost of Goods Manufactured and Sold Statement.

Purchase this Solution

Solution Summary

The solution explains how to prepare a a combined Cost of Goods Manufactured and Sold Statement.

Purchase this Solution


Free BrainMass Quizzes
Learning Lean

This quiz will help you understand the basic concepts of Lean.

Introduction to Finance

This quiz test introductory finance topics.

MS Word 2010-Tricky Features

These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.

Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.