Financial Statements III

Financial Statements III - Financial Statements III Click...

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7/7/11
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7/7/11 Problematic issues Finished goods inventory Unit cost not available # of units manufactured ?
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7/7/11 Useful formula & equation
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7/7/11 Classwork 1-CGS Fragile & Breakable Manufacturing Corporation data:
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7/7/11 Classwork 1-Solution
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7/7/11 Classwork 1-Solution (contd.)
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7/7/11 Classwork 2-Prepare CGS statement Fragile & Breakable Manufacturing Corporation data: Inventory Jan 1 Dec 31 Material 40,000 50,000 WIP 90,000 60,000 Finished goods 60,000 ? Finished goods inventory 1,000 units 920 units Material Purchased 380,000 Conversion cost 225,000 Freight In 10,000 Purchase Discount 12,000 Opening material inventory 45,000 Closing material inventory 55,000 Sales during the year 4,500 units @ Rps
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7/7/11 Classwork 3-Prepare CGS statement Fragile & Breakable Manufacturing Corporation data: Inventory Jan 1 Dec 31 Material 50,000 50,000 WIP 120,000 60,000 Finished goods
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This note was uploaded on 06/30/2011 for the course ECO 4701 taught by Professor Ahmed during the Spring '11 term at Andhra University.

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Financial Statements III - Financial Statements III Click...

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