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Mashcka [7]
3 years ago
15

Forest Components makes aircraft parts. The following transactions occurred in July.

Business
1 answer:
rjkz [21]3 years ago
4 0

Answer and Explanation:

Answer and explanation attached

Beginning raw materials = ending raw materials +raw materials for production+issued raw materials- raw materials purchased -raw materials returned from production= $79800

Cost of goods manufactured =ending finished goods+cost of goods sold -beginning finished goods= $553000

Beginning work in progress inventory=

Ending work in progress + cost of goods manufactured + materials returned - manufacturing overhead applied- issued raw materials-direct labour wages =$105490

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