E17-8 Gooly, Inc. manufactures calculators. During June, Gooly�s transaction
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E17-8 Gooly, Inc. manufactures calculators. During June, Gooly�s transactions and accounts include the following: Work in process inventory, beginning $8,800 Work in process inventory, ending 7,500 Indirect materials issued to production from raw materials 3,600 Raw materials inventory, beginning 4,600 Raw materials inventory, ending 5,800 Sales 42,000 Direct labor cost 55,000 Manufacturing overhead 49,600 Raw materials purchased 143,500 Finished goods inventory, beginning 12,300 Finished […]
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