#1- How much was the purchased in June?

On June 1, 2009 the K.C. Company had a balance in raw materials inventory of $1,700, while the June 30 balance was $2,000. The cost of raw materials used in June was $6,000.

#2-What was the ending inventory of raw materials?

The cost of raw materials used in 2009 was $13,000. Of this $1,000 was for indirect materials. In addition, the following facts are available.

Beginning inventory of raw materials $2,500

Purchases of raw materials 12,000

#3- What was the 2008 cost of goods sold expense?

During 2008, the goods in process and finished goods inventories decreased by $10,000 and $15,000 respectively. The product costs for 2008 were as follows:

Direct materials $100,000

Direct labor 80,000

Factory overhead 60,000

#4-What was the cost of goods completed in November?

the manufacturing costs incurred by Dept. 1 during November were $80,000 and the Nov. 1 and Nov. 30 balance in goods in process were $15,000 and $22,000 respectively.