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Cost Flow Relationships The following information is available for the first month of operations of Bahadir Company, a manufacturer of mechanical pencils: Sales Gross profit
Cost Flow Relationships The following information is available for the first month of operations of Bahadir Company, a manufacturer of mechanical pencils: Sales Gross profit Cost of goods manufactured $521,660 304,130 260,830 Indirect labor 113,200 Factory depreciation 17,210 Materials purchased 160,670 Total manufacturing costs for the period 299,950 Materials inventory, ending 21,390 Using the above information, determine the following missing amounts: a. Cost of goods sold b. Finished goods inventory at the end of the month Direct materials cost d. Direct labor cost e. Work in process inventory at the end of the month
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