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  • Solutions Chap 2

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    Kristine Balanay
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    The document appears to be a cost of goods sold report showing sales, direct materials used, direct labor costs, and other costs of production for three periods. It also shows beginning and ending work in process and finished goods inventory, as well as costs of goods sold, gross profit, operating expenses, and net income for each period.

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    The document appears to be a cost of goods sold report showing sales, direct materials used, direct labor costs, and other costs of production for three periods. It also shows beginning and ending work in process and finished goods inventory, as well as costs of goods sold, gross profit, operating expenses, and net income for each period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    7 views3 pages

    Solutions Chap 2

    Uploaded by

    Kristine Balanay
    The document appears to be a cost of goods sold report showing sales, direct materials used, direct labor costs, and other costs of production for three periods. It also shows beginning and ending work in process and finished goods inventory, as well as costs of goods sold, gross profit, operating expenses, and net income for each period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    1 2 3

    SALES 9,300.00 19,700.00 112,000.00


    DM USED 1,200.00 6,100.00 18,200.00
    DL 2,500.00 4,900.00 32,100.00
    PRIME 3,700.00 11,000.00 50,300.00
    CONVERSION 4,800.00 8,200.00 49,300.00
    MOH 2,300.00 3,300.00 17,200.00
    COGM 6,200.00 14,000.00 68,900.00
    WIP-BEG 500.00 900.00 5,600.00
    WIP-END 300.00 1,200.00 4,200.00
    FG -BEG 800.00 1,900.00 7,600.00
    FG-END 1,200.00 3,700.00 4,300.00
    COGS 5,800.00 12,200.00 72,200.00
    G.PROFIT 3,500.00 7,500.00 39,800.00
    OPEX 1,300.00 3,500.00 18,000.00
    NET INCOME 2,200.00 4,000.00 21,800.00
    SALES XX
    SR&A XX
    SDISC XX XX DM 1200
    NET SALES XX DL 2500
    COS OH 2300
    RMINV BEG XX WIP-BEG 500
    PURCH XX WIP-END
    PR&A XX COGM
    P DISC XX XX FG-B
    NET PURCH XX FG-E
    FR-IN XX COGS
    TRMAFU XX
    RMINV END XX
    DM XX
    DL XX
    OH XX
    CURRENT PROD'N COST XX
    WIP-BEG XX
    TOTAL COST TO ACCT XX
    WIP-END XX
    COGM XX
    FG-B XX
    TGAFS XX
    FG-E XX XX
    GROSS PROFIT XX
    SELLING & ADMIN EXP XX
    NET INCOME XX
    6500
    300
    6200
    800
    1200
    5800

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