Accouting Problem


Question Description:

20

Accouting Problem 1 answer below » Entin Corporation reported the following data for the month of January: View complete question » Beginning Ending Inventories: Raw materials $ 43,000 $ 49,000 Work in process $ 22,000 $ 28,000 Finished goods $ 56,000 $ 58,000 Additional information: Raw materials purchases $ 76,000 Direct labor cost $ 99,000 Manufacturing Entin Corporation reported the following data for the month of January: Beginning Ending Inventories: Raw materials $ 43,000 $ 49,000 Work in process $ 22,000 $ 28,000 Finished goods $ 56,000 $ 58,000 Additional information: Raw materials purchases $ 76,000 Direct labor cost $ 99,000 Manufacturing overhead cost incurred $ 75,000 Indirect materials included in manufacturing overhead cost incurred $ 4,000 Manufacturing overhead cost applied to Work in Process $ 72,000 The adjusted cost of goods sold that appears on the income statement for January is: $233,000 $229,000 $232,000 $231,000 View less » Dec 07 2013 12:09 AM

Answer

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