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Chapter 2- Arson Question - A distraught employee Fang W...

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Unformatted text preview: A distraught employee, Fang W. Arson, 107m. The resulting blaze completely destro \certain accounting records were kept in anot the period December 31, 2003 to February 1 ea taco .4353 00 oo 00 Direct labour Gross urofit onercentae based Cost of coeds available for sale Direct materials surchased Work‘in orocess, December Direct materials, December Finished noods, December 31, Factory overhead Required a. Goods Sold. on net sales 31 , 2003 31, 2003 2003 Prepare a Cost of Goods Manufactured put a torch to the factory ona blustery February yed the plant and its contents. Fortunately, her building. They revealed the following for 7, 2004. 01 l O O O O 6969 1 2 $ 450,000 $ 160 $ $ $ of conversio ,000 g 34,000 i 16,000 5 30,000 n COStS l ¢ 40% Statement and a Schedule of Cost of ...
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