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Compute the cost of goods manufactured and cost of goo… Sh

Thesis Help Finance Compute the cost of goods manufactured and cost of goo… Sh

Finance

Compute the cost of goods manufactured and cost of goo… Sh

Compute the cost of goods manufactured and cost of goo… Show more Computing Cost of Manufactured and Sold Goods Compute the cost of goods manufactured and cost of goods sold for Strike Marine Company for the most recent year using the amounts described below. Assume that raw materials inventory contains only direct materials. Beginning of End of End of Year Year Year Raw materials inventory $25,000 $28,000 Insurance on plant $9,000 Work in process inventory $50,000 $35,000 Depreciation plant building and equipment $13,000 Finished goods inventory $18,000 $25,000 Repairs and maintenance $4,000 Purchases of direct materials $78,000 Marketing expenses $77,000 Direct labor $82,000 General and administrative expenses $29,000 Indirect labor $15,000 • Show less

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