PIPS PIE COMPANY HAS THE FOLLOWING MANUFACTURING COSTS:
DIRECT MATERIALS USED: $
DIRECTLABOR $
MANUFACTURING OVERHEAD $
PIPS INVENTORY ACCOUNTS HAD THE FOLLOWING BALANCES:
RAW MATERIALS $
WIP BEGINNING $
WIP ENDING $
FINISHED GOODS BEGINNING $
FINISHED GOODS ENDING $
REQUIRED:
PREPARE THE STATEMENT OF COST OF GOODS MANUFACTURED
WHAT IS THE COST OF GOODS SOLD
WHAT IS THE GROSS MARGIN IF PIP SOLD PIES AT $ EACH?PIP'S PIE COMPANY HAS THE FOLLOWING MANUFACTURING COSTS:
PIP'S INVENTORY ACCOUNTS HAD THE FOLLOWING BALANCES:
REQUIRED:
PREPARE THE STATEMENT OF COST OF GOODS MANUFACTURED
WHAT IS THE COST OF GOODS SOLD
WHAT IS THE GROSS MARGIN IF PIP SOLD PIES AT $ EACH?