In Class 2 - Managerial Accounting In Class Chapter 2 1....

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a. Managerial Accounting In Class Chapter 2 1. Miyose Corporation, a manufacturing company, has provided the following data for the month of June: Inventories: Beginning Enriing Raw materials. .................... $23,000 $21,000 Finished goods .. $32,000 $37,000 Raw materials purchased during June totaled $67,000 and the cost of goods manufacflued totaled $124,000. Required: a. What was the cost of raw materials used in production during June? Show your work. I b. What was the cost of goods sold for June? Show your work. 2. Apartial listing of costs incurred at Boylen Corporation during March appeirs below: Direot materials $181,000 Utilities, faotory $10,000 Salss oommissions $69,000 Administrative salaries $99,000 Indireot 1abor. ....... $32,000 Advertising. .............. $75,000 Depreoiation of produotion equipment ........... $28,000 Direot labor $120,000 Depreoiation of administrative equipment $49,000
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In Class 2 - Managerial Accounting In Class Chapter 2 1....

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