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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.


Solution Summary

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