EXERCISE 2-13 (15 MINUTES)

830, - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH02 COST TERMS CONCEPT AND CLASSIFICATIONS 830, - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH02 COST TERMS CONCEPT AND CLASSIFICATIONS
SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH02 COST TERMS CONCEPT AND CLASSIFICATIONS

830,000

Deduct: Work in process inventory, ending ... 50,000

Cost of goods manufactured ... $780,000

Case 2-31 (continued)