Flow of inventoriable Costs Hofstra Plastics? selected data for August 2008 is presented here (in millions):

Calculate the following costs:

1. Direct materials inventory 8/31/2008

2. Fixed manufacturing overhead costs for August

3. Direct manufacturing labor costs for August

4. Work-in-process inventory 8/31/2008

5. Cost of goods available for sale in August

6. Finished goods inventory8/31/2008

Transcribed Image Text:

$ 90 Direct materials inventory 8/1/2008 Direct materials purchased 360 Direct materials used 375 Total manufacturing overhead costs Variable manufacturing overhead costs Total manufacturing costs incurred during August 2008 Work-in-process inventory 8/1/2008 Cost of goods manufactured Finished goods inventory 8/1/2008 Cost of goods sold 480 250 1,600 200 1,650 125 1,700