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Blackboard xo Remaining Time: 59 minutes, 32 seconds. Question Completion Status: 4 8 10 11 12 12 15 16 17 18 19 20 21 22 23 24 25 26 QUESTION 18 Penny Corporation has the following information available for October Amount Finished goods, Oct. 1st 58,194 Sales $505,953 Property taxes on finished goods warehouse 519,476 Depreciation on the factory $12.000 Sales commissions $30,273 Work in process, Oct. 1st 40.090 Direct labor incurred 558.814 Factory utilities 542.100 Direct materials used 514.800 The finished goods and work in process accounts had balances on October 31st of 29.843 and $36,081, respectively. If overhead is applied at a rate of 100% of direct material costs. What is the cost of goods manufactured for October? QUESTION 19 debited for $80,000 and credited for $100.000. On August 1st, the Martin Corporation's work-in-process account on August 31st was $22.000. During August, the account work in process account had a balance of $36,000. The $86,000 could represent O direct labor used during the month. Ob manufacturing overhead incurred, O costat ends manufactured Click Save and submit to save and tit. Click Saw All Anders toe allers Step by Step Solution
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