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As consultants, we are hired to help the company track and report costs. The following Tableau Dashboard is provided to assist us in our analysis.

As consultants, we are hired to help the company track and report costs. The following Tableau Dashboard is provided to assist us in our analysis.

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Indirect material: 5,000

Indirect labor: 7,000

Other overhead: 30,000

Factory Payroll: 57,000

Raw Materials Purchases: 40,000

Sales: 200,000

Inventories Raw Materials Work in Process Finished Goods $21,000 $18,000 $15,000 $12,000 $9,000 $6,000 $3,000 SO November 30 December 31 November 30 December 31 November 30 December 31 Factory Overhead for December Sales, Materials, and Payroll for December Indirect materials Indirect labor Factory payroll Raw materials purchases Total Overhead $42,000 8 Sales Other overhead costs Predetermined Overhead Rate Predetermined overhead rate based on direct labor cost 70% ** tableau 1. Compute cost of direct labor used. 2. Compute cost of direct materials used. 3. Compute cost of goods manufactured. 4. Compute cost of goods sold. (Do not consider any underapplied or overapplied overhead.) 1. Cost of direct labor used 2. Cost of direct materials used 3. Cost of goods manufactured 4. Cost of goods sold

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