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Business, 09.09.2019 20:10 stephanieanaya7

Champagne of the south, inc., a manufacturer of bottled sweet tea, had the following beginning and ending inventories for the year ended december 31, 2013: january 1 december 31 raw materials inventory* $10,000 $1 comma 702 work in process inventory $17 comma 895 $17,000 finished goods inventory $21,000 $16,500 *raw materials inventory consists of both direct material and indirect material. during the year, direct labor costs of $30,000 were incurred, manufacturing overhead totaled $42,000, materials purchased were $27,000, and selling and administrative costs were $22,000. champagne sold 25,000 units of product during the year at a sales price of $5.00 per unit. what were the total manufacturing costs for the year assuming $2 comma 129 of indirect materials were used during the period

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Champagne of the south, inc., a manufacturer of bottled sweet tea, had the following beginning and e...
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