Clyde Corporation provides the following information for 2020. (Click the icon to view...

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Accounting

Clyde Corporation provides the following information for 2020.
(Click the icon to view the information for 2020.)
Calculate (a) Cost of goods manufactured in 2020 and (b) Cost of goods sold in 2020.
Calculate (a) Cost of goods manufactured in 2020.
Total manufacturing costs to account for
Cost of goods manufactured in 2020
Calculate (b) Cost of goods sold in 2020.
Less:
Cost of goods sold in 2020
Data table
\table[[Beginning work-in-process inventory, January 1,2020,$,8,000],[Total manufacturing costs incurred in 2020,$,158,000],[Ending work-in-process inventory, December 31,2020,$,4,000],[Beginning inventory of finished goods, January 1,2020,$,10,000],[Ending inventory of finished goods, December 31,2020,$,21,000]]
Clyde Corporation provides the following information for 2020.
(Click the icon to view the information for 2020.)
Calculate (a) Cost of goods manufactured in 2020 and (b) Cost of goods sold in 2020.
Calculate (a) Cost of goods manufactured in 2020.
Total manufacturing costs to account for
Cost of goods manufactured in 2020
Calculate (b) Cost of goods sold in 2020.
Less:
Cost of goods sold in 2020
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