The following items for Neptune Company are used to compute the cost

Question

The following items for Neptune Company are used to compute the cost of goods manufactured and the cost of goods sold. Indicate how each item should be used in the calculations by filling in the blanks with "+" if the item is to be added, "-" if the item is to be subtracted, or "0" if the item is not used in the calculation. The first item is completed as an example.

	Cost of Goods	Cost of Goods
	Manufactured	Sold
Beginning finished goods inventory	___0___	__+__
Ending finished goods inventory	_______	______
Direct labor	_______	______
Indirect labor	_______	______
Beginning work in process inventory	_______	______
Ending work in process inventory	_______	______
General and administrative expenses	_______	______
Indirect materials	_______	______
Beginning raw materials inventory	_______	______
Ending raw materials inventory	_______	______
Raw material purchases	_______	______
Depreciation of factory building	_______	______
Cost of goods manufactured	_______	______

Answer

This answer is hidden. It contains 384 characters.

Subjects

Question

Answer

Related questions

Subjects