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1. Julia Incorporated incurred the following costs for April 2024: Depreciation on factory building Direct labor Direct materials inventory, beginning Direct materials inventory, ending Direct
1. Julia Incorporated incurred the following costs for April 2024: Depreciation on factory building Direct labor Direct materials inventory, beginning Direct materials inventory, ending Direct material purchases Factory supervisor's salary Finished goods inventory, beginning Finished goods inventory, ending Repairs of factory building Sales Selling and administrative expenses Lltilities in factory Work in process inventory, beginning Work in process inventory, ending Assume an income tax rate of 30 percent. Required: Calculate the following values: a, b. Direct materials used Cost of goods manufactured Cost of goods sold After-tax net income Prime costs Conversion costs 59,000 205,000 25,000 22,000 180,000 42,000 35,000 28,000 15,000 800,000 125,000 28,000 18,000 15,000
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