Costs and Balances Shaded cells have feedback. mcurrey, zou cox ov goous manufactured. Data for February Decrease In materials Inventory 53,600 Materials Inventory on Feb. 28 50%% of materials Inventory on Jan. 31 Direct materials purchased 511,700 Direct materials used 3 times the direct labor Incurred Total manufacturing costs Incurred In perlod $27,300 Total manufacturing costs Incurred In perlod 70%% of Cost of Goods Manufactured Total manufacturing costs Incurred In perlod $10,000 less than Cost of Goods Sold Account Balances Account Jan. 31 Feb. 28 Coats Incurred Materials Inventory $ X 5 Direct Materials Used $ X Work In Process Inventory 27.000 Direct Labor Incurred X Finished Goods Inventory X 15,500 Factory Overhead Incurred Cost of Goods Sold X Polme: 0/8 Feedback