Parrish's Manufacturing Had the Following Data for the Period Just

question 42

Essay

Parrish's Manufacturing had the following data for the period just ended: $$\begin{array} { l r } \text { Work in process, Jan. 1 } & \$ 21,000 \\\text { Work in process, Dec. } 31 & 40,000 \\\text { Finished goods, Jan. 1 } & 70,000 \\\text { Finished goods, Dec. } 31 & 61,000 \\\text { Direct materials used } & 126,000 \\\text { Direct labor } & 260,000 \\\text { Factory depreciation } & 80,000 \\\text { Sales } & 945,000 \\\text { Advertising expense } & 52,000 \\\text { Factory utilities } & 27,000 \\\text { Indirect materials } & 19,000 \\\text { Indirect labor } & 35,000\end{array}$$
Required:
A. Calculate Parrish's cost of goods manufactured.
B. Calculate Parrish's cost of goods sold.

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Definitions:

Stimuli

External or internal cues that evoke a response from an organism or system.

Probability

A measure of the likelihood that a specific event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Avoidance Conditioning

A learning process in which an individual learns to prevent or avoid an unpleasant stimulus by performing a particular behavior.

Student Behavior

Refers to the conduct or response patterns that students exhibit in an educational environment, influenced by factors such as classroom management, learning styles, and social interactions.