9:55 4G Messenger Done 7 of 7 vvus Ivianuractured Marked out of Opening balance Direct Materials Ac F May question Purchases $199,000 Direct materials available for use $217,000 Closing balance $21,000 Direct materials used in production $196,000 Opening balance Work in Process Ac Direct labour $98,000 Overhead/Indirect costs $294,000 Total cost in Work in Process (WIP) Ac $656,000 Closing balance WIP $53,000 Cost of Goods Manufactured Schedule of Cost of Goods Sold Opening balance Finished Goods Ac $98,000 Cost of goods manufactured Cost of goods available for sale Closing balance $113,000 Cost of Goods Sold (COGS) Sales $918,750 COGS Gross Profit (GP) % GP % Required: pe here to search 99+ DELL F2 F5 F6 2 4 5