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Business, 31.12.2019 04:31 hamada11617
Astore sells t-shirts at a price of $40 per shirt. none of the buyers are willing to pay this price. in 2 or 3 sentences, describe the signal that the buyers are sending the seller about the price of the t-shirt.
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The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.
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Astore sells t-shirts at a price of $40 per shirt. none of the buyers are willing to pay this price....
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