Assume the following data for December relates to, XYZ, an
accounting firm.
What is the cost of services sold for December?
Beginning materials inventory $20,000
Beginning work-in-process inventory 40,000
Ending work-in-process inventory 50,000
Ending materials inventory 10,000
Actual overhead costs 100,000
Direct materials used 60,000
Direct labor 200,000
I need an explanation with the answer please
What is the cost of services sold for December?
Beginning materials inventory $20,000
Beginning work-in-process inventory 40,000
Ending work-in-process inventory 50,000
Ending materials inventory 10,000
Actual overhead costs 100,000
Direct materials used 60,000
Direct labor 200,000
I need an explanation with the answer please
