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Danville Co. provided the following information for the year ended December 31, 20Y1 Costs Amounts Work-in-process inventory - beginning balance $620,000 Work-in-process inventory - ending
Danville Co. provided the following information for the year ended December 31, 20Y1 Costs Amounts Work-in-process inventory - beginning balance $620,000 Work-in-process inventory - ending balance $570,000 Direct material placed in production $78,000 Selling expenses General and administrative expenses Direct labor used in production Manufacturing overhead Compute the costs of goods manufactured during the year ended December 31, 20Y1. $85,000 $245,000 $130,000 $590,000 $748,000 $1,418,000 $1,128,000 $848,000 The balance in Sedona Company's raw materials inventory account was $50,000 at the beginning of September and $60,000 at the end of September. Raw materials purchased during the month totaled $80,000. Sedona used $10,000 in indirect materials for the month. Calculate the costs of Direct materials placed in production for the month of September. $80,000 $$90,000 $70,000 $60,000
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