Exercise 3-3 (Algo) Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3)...
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Exercise 3-3 (Algo) Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3) Primare Corporation has provided the following data concerning last month's manufacturing operations. 530. Purchase a se zateriala Indirect materials used in production Direct Labor Matrat acturing crechend applied to work in procesa Underapplied crreshead 558,600 587,200 5 4,150 Inventorius Raw materials Work in proces Tinted goods Beginning Ending $ 10,900 5 15,00 559,900 567,900 54,100 5 43,700 Required: 1. Prepare a schedule of cost of goods manufactured for the month 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold
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