Direct Labor Cost?

Cost flow relationships The following information is available for the first year of operations of Creston Inc., a manufacturer of fabricating equipment: 9 4 ONCO 5 DATA 6 Sales $12,330.000 7 Gross profit 5.181.100 8 Indirect labor 408,500 9 Indirect materials 179,300 10 Other factory overhead 807,100 11 Materials purchased 4,110,000 12 Total manufacturing costs for the period 7,851,400 13 Materials inventory, end of period 289.000 14 Using formulas and cell references, perform the required analysis, and input your answers into the Amount column. Transfer the numeric results for the green entry cells (C18, C20 C22) into the 15 appropriate fields in CNOWv2 for grading. 16 17 Amount Formulas 18 a. Cost of goods sold 19 20 b. Direct materials cost 21 22 c. Direct labor cost 28 24 25 Cost flow relationships The following information is available for the first year of operations of Creston Inc., a manufacturer of fabricating equipment: Sales $ 12,330,000 Gross profit 5,181,100 Indirect labor 408,500 Indirect materials 179,300 Other factory overhead 807,100 Materials purchased 4,110,000 Total manufacturing costs for the period 7,851,400 Materials inventory, end of period 289,000 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.