Attached are pictures that show all required information for the question. Please refrain from partially answering and please also label which part of the question you are answering, so that I may follow along with your solution. Thank you!
Question:
Additional Info:
Question Continued:
Data Table/Beg. Inventory Numbers:
Part 1:
Part 1 Word Options for Fill in the Blank:
Part 2:
Part 2 Word Options for Fill in the Blank:
Part 3:
Part 3 Word Options for Fill in the Blank:
All the fill in the blanks are the left sides of the question parts. Thanks!
Your simple outputs formula helps explain this relationship:
| Particular | Amount in$ |
| Opeaning | 0 |
| Add : Cost of Purchase | 524000 |
| Less : Cost of ending invetory | -80000 |
| Total | 444000 |
CAlculation for the cost of goods manufacure
| Particular | Amount in$ |
| Beginig WIP | |
| Add | |
| Raw material Used | 444000 |
| Other Manu.cost | 551000 |
| Other Manu.cost | 234000 |
| Other Manu.cost | 1515000 |
| Less: | |
| Closing WIP | -200000 |
| 2544000 |
.
3 Calculation of the cost of goods sold
| Particular | Amount in$ |
| Cost of Beginog finished inventory | |
| Add: | |
| Cost of goods manufactured | 2544000 |
| Less | |
| Cost of ending finished inventory | -218000 |
| Cost of Goods sold | 2326000 |
