Chapter 2

Topics: Districts of Vienna, Manufacturing, Cost of goods sold Pages: 4 (358 words) Published: March 3, 2013
Problem 2-43 (35 minutes)

|1. |San Fernando Fashions Company | | |Schedule of Cost of Goods Manufactured | | |For the Year Ended December 31, 20x2 | | | | | | | | | | | | | |Direct material: | | | | | Raw-material inventory, January 1 |$ 40,000 | | | | Add: Purchases of raw material | 180,000 | | | | Raw material available for use |$220,000 | | | | Deduct: Raw-material inventory, December 31 |  25,000 | | | | Raw material used | |$195,000 | | |Direct labor | |200,000 | | |Manufacturing overhead:...
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