Business, 19.10.2019 03:30 clarkster112679
The following data from the just completed year are taken from the accounting records of mason company:
sales $ 660,000
direct labor cost $ 80,000
raw material purchases $137,000
selling expenses $108,000
administrative expenses $40,000
manufacturing overhead applied to work in process $204,000
actual manufacturing overhead costs $220,000
inventories begining of year end of year
raw materials 8000 1000
work in process 5000 20,000
finished good 70,000 25,000
prepare an income statement.
Answers: 3
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The following data from the just completed year are taken from the accounting records of mason compa...
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