Home / Questions / Net income is $40,000 raw materials Nov 1 $ 17,000 Nov 30? WIP Nov 1 $14,00 Nov 30 12,000 Finished g

Net income is $40,000 raw materials Nov 1 $ 17,000 Nov 30? WIP Nov 1 $14,00 Nov 30 12,000 Finished g

Net income is $40,000 raw materials Nov 1 $ 17,000 Nov 30? WIP Nov 1 $14,00 Nov 30 12,000 Finished goods Nov 1 ? Nov 30 9,000 sales revenue 102,000 Direct labor 10,000 Manufacturing OH 12,000 selling expenses 14,000 Administrative expenses 16,000 Cost of goods manufactured 40,000 raw materials purchased 10,000 What is ending raw material? What is beginning finished goods?

 

Apr 08 2020 Read more Less More

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