Cost of Direct Materials, Cost of Goods Manufacturad, Cost of Goods Sold Bisby Company manufactures fishing rods. At the boginning of July, the folloing information was supplied by its accountant Raw materials inventory 1. EX.02.37 2. EX.02.38 ALGO $40,000 3. E.02.39 BLANKSHEET.ALGO 21,000 4. EX.02.41 ALGO 5. EX.02.42 ALGO 6. EX.02.43 ALGO 7. EX.02.44 ALGO 8. EX.02.45 ALGO 9. EX.02.46 ALGO Finished goods inventory During July, the direct labor cost wes $43,500, raw materials purchases were $64,000, and the total ovarhead cost was $108,750. The inventories at the and of July wara! Raw materials inventory $19,800 32,500 22,100 Finished goods inventory 1. What is the cost of the direct matarials used in production during July? 10. EX02.50 11. PR.02 12 PR02.55 2. What is the cost of goods manufacturad for July? 3. What is the cost of goods sold for July? Check My Work Previous Next Progress: 11/12 items s signment Score: 15.28% Save and Exit Submit Assignment for Grading AM 9.40 9/11/2018