Assume the following: Purchases of raw materials Beginning raw materials inventory Ending raw materials inventory $38,000 $10,000 $14,000 What is the direct materials used in production (assuming the company has no indirect materials)? Multiple Choice $34,000 $38,000 $44,000 Ann Assume the following information from a schedule of cost of goods manufactured: Total manufacturing costs to account for Ending work in process inventory $230,000 $ 38,000 What is the cost of goods manufactured? Multiple Choice $249,000 $211,000 $268,000 1 3 P Mlavt In normal costing, overhead is applied to production using: Multiple Choice the estimated amount of the allocation base used by all jobs during the period. the actual amount of the allocation base remaining in the raw materials storeroom at the end of the period. an actual overhead rate. a predetermined overhead rate. Assume the following information from a schedule of cost of goods manufactured: Beginning raw materials inventory Purchases of raw materials Ending raw materials inventory $ 7,000 $60,000 $ 6,100 What is the raw materials used in production? Multiple Choice $46,900 $67,110 O $81,110 $60.900... Assume the following: Sales Adjusted cost of goods sold Selling and administrative expense $100,000 $ 47,000 $ 31,400 What is the net operating income? Multiple Choice $84,400 $88,400 $21,600 $25.600... The journal entry to record indirect labor used in production includes: Multiple Choice O a credit to Manufacturing Overhead. a debit to Work in Process. O a credit to Work in Process. a debit to Manufacturing Overhead