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Assuming that the direct materials used 1,100,000, compute the total manufactoring cost using the following information. Raw Materials inventrory january 1 $20,000 Raw Materials inventory
Assuming that the direct materials used 1,100,000, compute the total manufactoring cost using the following information.
Raw Materials inventrory january 1 $20,000
Raw Materials inventory Decmber 31 $40,000
WIP January 1 $22,000
WIP December 31 $28,000
Finished Goods Jan 1 $42,000
Finished Goods Dec 31 $30,000
Raw Materials Purchased $1,200,000
direct labor $560,000
Factory utilities $160,000
indirect labor $90,000
Factory depreciatiom $ 400,000
Operationg Expense $420,000
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