Business, 25.02.2020 04:58 ElegantEmerald

WalCo is a manufacturing company. Assume the estimated inventories on January 1, 2020, for finished goods, work in process, and materials were $171,000, $63,000 and $72,000 respectively. Also assume the desired inventories on December 31, 2020, for finished goods, work in process, and materials were $216,000, $84,000 and $93,000 respectively. Direct material purchases were $467,000. Direct labor was $362,000 for the year. Factory overhead was $213,000. Prepare a cost of goods sold budget for WalCo..

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WalCo is a manufacturing company. Assume the estimated inventories on January 1, 2020, for finished...