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The Following Information Is Taken from the Records of Britton

Question 8

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The following information is taken from the records of Britton Company for March:
The following information is taken from the records of Britton Company for March: * Of these costs, 60 percent are assigned to manufacturing and 40 percent to selling and administration. Required: a. Prepare a schedule of cost of goods manufactured. b. Prepare an income statement for the month. c. Compute the prime costs using a two-part production costing system, conversion costs, and indirect manufacturing costs. * Of these costs, 60 percent are assigned to manufacturing and 40 percent to selling and administration.
Required:
a. Prepare a schedule of cost of goods manufactured.
b. Prepare an income statement for the month.
c. Compute the prime costs using a two-part production costing system, conversion costs, and indirect manufacturing costs.

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