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Cascade Manufacturing Company_Cost Accounting

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Question;Selected data;concerning operations of Cascade Manufacturing Company for the past fiscal year;follow;Raw;materials used............................................. $300,000;Total;manufacturing costs charged to production during the year;(includes;raw materials, direct labor, and manufacturing overhead;applied;at a rate of 60 percent of direct labor costs).................. 681,000;Cost;of goods available for sale.................................... 826,000;Selling;and general expenses...................................... 30,000;Inventories;Beginning;Ending;Raw;materials............. $70,000 $;80,000;Work-in-process...........;85,000 30,000;Finished;goods............ 90,000 110,000;Required;Determine;each of the following;Cost;of raw materials purchased;Direct;labor costs charged to production;Cost;of goods manufactured;Cost;of goods sold

 

Paper#37254 | Written in 18-Jul-2015

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