The following cost information is presented for Phoenix Ltd. for the most recent period. Cost...
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The following cost information is presented for Phoenix Ltd. for the most recent period. Cost of direct material used in manufacturing Direct labour costs Manufacturing overhead Sales commissions at 8% of sales. Opening finished goods inventory Opening work-in-process inventory Ending finished goods inventory Ending work-in-process inventory Required: What was the cost of goods manufactured for Phoenix? Cost of goods manufactured $ 62,000 15,000 6,500 22,000 5,000 3,000 12,000 12,000 27
The following cost information is presented for Phoenix Ltd. for the most recent period. Required: What was the cost of goods manufactured for Phoenix
The following cost information is presented for Phoenix Ltd. for the most recent period. Cost of direct material used in manufacturing Direct labour costs Manufacturing overhead Sales commissions at 8% of sales. Opening finished goods inventory Opening work-in-process inventory Ending finished goods inventory Ending work-in-process inventory Required: What was the cost of goods manufactured for Phoenix? Cost of goods manufactured $ 62,000 15,000 6,500 22,000 5,000 3,000 12,000 12,000 27

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