a.A Bushess that mantractures clothing material. Ob. A business that purchases t

Question

a.A Bushess that mantractures clothing material. Ob. A business that purchases textles and sells them to designers. Oc. A business that produoes yam used for textile manufacture. od. A business that sells clothes to individual consumers. The purpose of the Sarbanes-Oxley Act is to: 0 a. Strengthen corporate governance Ob. Reduce the environmental damage caused by of manufacturing Oc. Require US, firms to adopt more automated manufacturing methods od. Enhance the financial position of banks Selected information pertaining to the past fiscal year's operations (00o's omitted) of the Wilson Manut INVENTORIES Beginning Ending Raw materials Work in process Finished goods Other data: Raw materials used Total manufacturing costs charged to production during the year (includes raw materials, direct labor, and factory overhead) Cost of goods available for sale Selling and general expenses s 50 30 90 $65 45 70 $ 280 520 595 190 The cost of goods manufactured during the year was: a. s 550 c$ 505 d, $ 520 Selected information pertaining to the past fiscal year's operations (000's omitted) of the Wilson Manufac INVENTORIES BeginningEnding S 50 30 90 S65 45 70 Raw materials Work in process Finished goods Other data Raw materials used Total manufacturing costs charged to production during the year (includes raw materials, direct labor and S 280

Explanation / Answer

Cost of goods manufactured

Total manufactuing Cost Charged to Production during the Year 520 Add Beginning work in process inventory 30 LessEnding work in process inventory 45 Cost of Goods Manufactured 505

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