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Author Question: Logan's Enterprises reported the following data for May.Beginning balance, Direct Materials ... (Read 49 times)

lol1012

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on: Feb 5, 2023
Logan's Enterprises reported the following data for May.

Beginning balance, Direct Materials Inventory$  45,000
Beginning balance, Work in Process Inventory52,000
Beginning balance, Finished Goods Inventory62,000
Ending balance, Direct Materials Inventory47,000
Purchase of direct materials92,000
Direct labor48,000
Manufacturing overhead applied42,000
Cost of goods manufactured200,000
Cost of Goods Sold220,000

Required:

a.What is the cost of direct materials were used in production?
b.What are the total manufacturing costs for the month of May?
c.What is the ending balance in the Finished Goods Inventory account?
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by lol1012 on Feb 5, 2023

dsfhkjdfaskjfdsjk

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lol1012

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

juliaf

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Reply 3 on: Yesterday
Excellent

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