4 missing dollar values. It may also be helpful to review the steps for determining the cost of materials used, total manufacturing co cost of goods manufactured. Data for February Decrease in materials inventory Materials inventory on Feb. 28 Direct materials purchased Direct materials used Total manufacturing costs incurred in period Total manufacturing costs incurred in period Total manufacturing costs incurred in period Account Materials Inventory Work in Process Inventory Finished Goods Inventory Jan. 31 Account Balances X 21,000 $3,000 50% of materials inventory on Jan. 31 $12,300 3 times the direct labor incurred $28,000 X 70% of Cost of Goods Manufactured $10,000 less than Cost of Goods Sold Feb. 28 Costs Incurred X Direct Materials Used Incorrect 16,500 Factory Overhead Incurred Cost of Goods Sold 1400 X X X X

missing dollar values. It may also be helpful to review the steps for determining the cost of materials used, total manufacturing cost of goods manufactured. missing dollar values. It may also be helpful to review the steps for determining the cost of materials used, total manufacturing cost of goods manufactured