10. Orange, Inc. records revealed the following information for October. Use T-accounts or formulas to compute all the missing numbers for the questions below.

October 1 October 30 Raw Material Inventory $ 9,000 $10,800 Work in Process Inventory 15,200 12,500 Finished Goods Inventory 10,000 11,800 In October, Wilton purchased $18,000 of raw materials. $500 of raw materials used during October were indirect materials, small items like glue and nails. Direct labor workers were paid $10 per hour for 3,400 hours. The total factory payroll for October was $38,000. Total factory overhead accumulated in the manufacturing overhead account for October was $32,000, which includes indirect labor and indirect materials. The pre-determined manufacturing overhead rate is 90% of the direct labor costs.

1. What is the total of direct materials used? _____________

2. What is the total of direct labor? ____________

3. What is the amount of overhead that was applied to production (jobs worked on) in October? ___________________

4. Compute the total current manufacturing costs for October. ___________________

5. Compute the cost of goods manufactured for October. ___________________

The easiest way to find the answers for all the questions above is to do a cost of goods manufactured schedule. Use the area below to prepare one.