document.write( "Question 1200066: Assume The Following Data Of Jimma Abba Jifar Waddesa Wooden Product Furniture
\n" ); document.write( "Factory As Of January 1, 2016 As Follows:
\n" ); document.write( "Direct Materials Inventory January1 Birr................................. 300,000
\n" ); document.write( "Direct Materials Inventory January 31 Birr.............................. 134,000
\n" ); document.write( "Direct Labor For The Month Of January Birr. ............................. 666, 00
\n" ); document.write( "Work-In-Process Inventory Costs January 1 Br. ........................440,000
\n" ); document.write( "Work-In-Process Inventory January 31 Br...............................212,000
\n" ); document.write( "Finished Good Inventory January 1 Birr ................................. 114,000
\n" ); document.write( "Finished Good Inventory January 31 Birr ...............................321,000
\n" ); document.write( "Purchases Of January Birr................................................. 900,000
\n" ); document.write( "Purchase Return & Allowance 20% Of Purchase Made During January
\n" ); document.write( "Purchase Discount 10% Of Purchase Made During January
\n" ); document.write( "Freight Inwards Birr.......................................................... 44,000
\n" ); document.write( "Freight Outwards Birr.........................................................28,000
\n" ); document.write( "ADDITIONAL INFORMATION
\n" ); document.write( "The Following Manufacturing Overhead Costs Are Incurred:
\n" ); document.write( "Indirect Labor Br. ..............................................................................123,00
\n" ); document.write( "Depreciation On Factory Equipment Birr. ................................................. 49,000
\n" ); document.write( "Light And Power Birr. .........................................................................10,200
\n" ); document.write( "Depreciation Of Factory Building Birr. .................................................... 24,000
\n" ); document.write( "Insurance Expense On Factory Properties Birr............................................. 12,000
\n" ); document.write( "Property Tax Birr.............................................................................. 30,000
\n" ); document.write( "Factory Supplies Expense Birr................................................................31,600
\n" ); document.write( "Miscellaneous Factory Costs Birr............................................................ ..28,200
\n" ); document.write( "Sales...........................................................................................2,222,000
\n" ); document.write( "Sales Return, Allowance & Discount Five Percent Of Sale Made During January
\n" ); document.write( "Selling Exp .....................................................................................40,000
\n" ); document.write( "Admin. Exp......................................................................................50,000
\n" ); document.write( "Compute:
\n" ); document.write( "a) DMU (direct material used)
\n" ); document.write( "b) CGM (cost of goods manufacturing)
\n" ); document.write( "c) CGS (cost of goods sold)
\n" ); document.write( "

Algebra.Com's Answer #834086 by ikleyn(52776)\"\" \"About 
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