Mathematics, 13.12.2019 23:31 PENTALIZARD6369
The following data (in thousands of dollars) have been taken from the accounting records of karmana corporation for the just-completed year. sales $950 raw materials inventory, beginning $10 raw materials inventory, ending $30 purchases of raw materials $120 direct labor $200 manufacturing overhead $230 administrative expenses $100 selling expenses $140 work-in-process inventory, beginning $70 work-in-process inventory, ending $40 finished goods inventory, beginning $100 finished goods inventory, ending $80 use these data to prepare (in thousands of dollars) a schedule of cost of goods manufactured and a schedule of cost of goods sold for the year. in addition, elaborate on the relationship between these schedules as they relate to the flow of product costs in a manufacturing company.
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The following data (in thousands of dollars) have been taken from the accounting records of karmana...
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