10 Nov Hi, I have a question about how to find the beginn
Hi, I have a question about how to find the beginning inventory? I have some information given to me already, and I’ll send that to you.Information from the records of the Barry Corporation for the month of June 2018 is as follows:Direct labor $72,000Factory Overhead $65,000Purchases of direct materials $94,000Sales $325,000Selling and Administrative expenses $34,000Inventories June 1 June 30Direct materials $28,000 $32,000Work in process 12,000 15,000Finished goods 19,000 18,000Prepare an absorption costing income statement for the month of June.
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