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Cost pf sales & cost formula for computing unit cost

The Following İtems (in millions) pertain to the Chan Corporation

The Graph is in the attachment.

Chan's manufacturing cost system uses a three-part classification of direct materials, direct
manufacturing labor, and indirect manufacturing costs.

Prepare an income statement ....

Please see the attached file.

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Solution Summary

The answer contains solution for two problems 1. computation of cost of goods manufactured and cost of sales 2. cost formula