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College: Yuba Community College Course: Accounting 1 LAB (online) Platform/Website: Cengage (cengage.com) Email: XXXXXXXXXX Password: Evangel1995 Once on the dashboard, proceed to go click on the...

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College: Yuba Community College
Course: Accounting 1 LAB (online)
Platform/Website: Cengage (cengage.com)
Email: XXXXXXXXXX
Password: Evangel1995
Once on the dashboard, proceed to go click on the "eBook: Excel Applications for Accounting Principles". A new window will open that shows the chapters on the left-hand side of the page. Select Chapter 2 and scroll down and select "P16: MANUFACTURING ACCOUNTING (MFG)." This chapter goes hand in hand with the spreadsheet you are to complete.

The name of the lab assignment for this week is "MFG". It is due by 11:59 on MONDAY, September 6, 2021.

*****MUST INCLUDE:*****
- What if Section
- Chart Analysis Section
- Tickler Section
Answered Same Day Sep 06, 2021

Solution

Akshay Kumar answered on Sep 07 2021
151 Votes
Worksheet
    MFG
    Manufacturing Accounting
    Data Section
    Depreciation--equipment        $180,000
    Direct labor        2,568,000
    Direct materials inventory, 1/1        366,000
    Direct materials inventory, 12/31        372,000
    Factory rent        305,640
    Finished goods, 1/1        528,000
    Finished goods, 12/31        690,000
    Indirect labor        150,000
    Indirect materials        105,000
    Purchases of direct materials        2,580,720
    Work in process, 1/1        121,200
    Work in process, 12/31        114,660
    Answer Section
    Twisp Industries
    Schedule of Cost...
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