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The following data (in thousands of dollars) have been taken from the accounting records of Larop Corporation

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The following data (in thousands of dollars) have been taken from the accounting records of Larop Corporation for the just-completed year;Sales................................................................. $910;Purchases of raw materials...............................$225;Direct labor........................................................$245;Manufacturing overhead...................................$265;Administrative expenses...................................$150;Selling expenses...............................................$140;Raw materials inventory, beginning....................$15;Raw materials inventory, ending.........................$45;Work-in-process inventory, beginning.................$20;Work-in-process inventory, ending.....................$55;Finished goods inventory, beginning..................$100;Finished goods inventory, ending.......................$135;Required: Prepare a Schedule of Cost of Goods Manufactured

 

Paper#77473 | Written in 18-Jul-2015

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