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16(01)-5A_9e - 7,500 Miscellaneous costs-Factory 4,500...

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Problem 16(01)-5A Name: Section: Enter the appropriate labels and amounts in the shaded cells below. A red asterisk (*) will appear to the right of an incorrect answer in the outlined cells. 1. SANO INSTRUMENT MANUFACTURING COMPANY Statement of Cost of Goods Manufactured For the Year Ended December 31, 2008 Work in process inventory, January 1, 2008 Direct materials: Cost of direct materials used in production Factory overhead: Rent expense-Factory
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Unformatted text preview: 7,500 Miscellaneous costs-Factory 4,500 Total factory overhead Total manufacturing costs incurred during the year Total manufacturing costs Cost of goods manufactured 2. SANO INSTRUMENT MANUFACTURING COMPANY Income Statement For the Year Ended December 31, 2008 Sales Cost of goods sold: Cost of goods sold: Gross profit Operating expenses: Administrative expenses: Selling expenses: Total operating expenses Net income...
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