1. Angel Inc., had the following activities during 20X5:

Direct materials:

Beginning inventory $ 40,000

Purchases 123,200

Ending inventory 20,800

Direct manufacturing labour 32,000

Manufacturing overhead 24,000

Beginning work-in-process inventory 1,600

Ending work-in-process inventory 8,000

Required:

a. What is the cost of direct materials used during 2020?

b. What is cost of goods manufactured for 2020?

c. What amount of prime costs was added to production during 2020?

d. What amount of conversion costs was added to production during 2020?

2. Tools Manufacturing Company had the following account balances for the quarter ending March 31, unless otherwise noted:

Work-in-process inventory (January 1) $ 140,400

Work-in-process inventory (March 31) 171,000

Direct materials used 378,000

Indirect materials used 84,000

Direct manufacturing labour 480,000

Indirect manufacturing labour 186,000

Property taxes on manufacturing plant building 28,800

Salespersons' company vehicle costs 12,000

Depreciation of manufacturing equipment 264,000

Depreciation of office equipment 123,600

Miscellaneous plant overhead 135,000

Plant utilities 92,400

General office expenses 305,400

Marketing distribution costs 30,000

Required:

Prepare a cost of goods manufactured schedule for the quarter.