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Assume the following information pertaining to Star Company: Finished goods inventory Beginning $ 134,500 Ending $ 128,050 Work in process inventory 88,000 107,750 Direct

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Assume the following information pertaining to Star Company: Finished goods inventory Beginning $ 134,500 Ending $ 128,050 Work in process inventory 88,000 107,750 Direct materials 120,750 134,350 Costs incurred during the period are as follows: Total manufacturing costs Factory overhead Direct materials used Materials purchases are calculated to be: $ 902,000 202,000 158,550

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