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AGE English (er Sticks and Wools Inc. manufactures several wood and string instruments. In particular, it is well-known for its production of classic cellos. Assume

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AGE English (er Sticks and Wools Inc. manufactures several wood and string instruments. In particular, it is well-known for its production of classic cellos. Assume that Sticks and Wools uses a periodic inventory system and a physical count of inventory takes place at year end. The company accumulated the following costs and account balances for the year ended December 31, 2019 with respect to direct materials: Balance of materials on January 1, 2019 $188,000 Balance of materials on December 31, 2019 $166,000 Materials purchases during 2019 $771,000 In addition, the following table shows Sticks and Wools' remaining costs for the year: Indirect materials $68,000 Direct labor $285,000 Indirect labor $175,000 Utilities, factory $102,000 Utilities, office $15,000 Insurance, factory $14,000 Advertising $23,000 Do not enter dollar signs or commas in the input boxes. a) Calculate the cost of direct materials used in production for the year. Materials used in production: $ b) What is the total manufacturing overhead cost for the year? Manufacturing Overhead: $

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