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Baber, Inc., manufactures custom scaffolding used in construction projects. The following data pertain to its operations for the most recent year: Cost ows and overhead

Baber, Inc., manufactures custom scaffolding used in construction projects. The following data pertain to its operations for the most recent year:

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Cost ows and overhead application (LCM, L05]. Baber, Inc., manufactures custom scaffolding used in construction projects. The following data pertain to its operations for the most recent year: Direct materials beginning inventory $23,000 Direct materials ending inventory $42,000 1WI]? beginning inventory $08,500 1WI]? ending inventory $?5,400 Finished goods beginning inventory $124,350 Finished goods ending inventory $138,?50 Raw materials purchased $100,000 Direct labor cost $145,000 Sdling and administration expenses $37,600 Revenues $694340 You also know that Baber, Inc., uses two allocation bases to charge overhead to prod- ucts. It calculates a rate of 20% of materials cost for materials-related overhead. The rate for all other manufacturing overhead is 150% of direct labor cost. Required: a. Calculate the cost of direct materials issued to 1WU\" during the year. h. Calculate the cost of manufacturing overhead charged to production. c. Calculate the cost of goods manufactured during the year. {1. Calculate the cost of goods sold during the year. c. Prepare a GAP income statement. f. For a particular custom truso, Haber informs you that it incurred $7,300 for direct mate- rials costs and $12,300 for direct labor costs. 1lulllhat is the inventoriable cost of this truss? g. Comment on whether the value of the units as reported in the ending inventory account is a good estimate of the products' costs for decisions such as setting pricing

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