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Direct Materials Used, Cost of Goods Manufactured In September, Lauren Ashley Company purchased materials costing $190,000 and incurred direct labor cost of $140,000. Overhead totaled

Direct Materials Used, Cost of Goods Manufactured

In September, Lauren Ashley Company purchased materials costing $190,000 and incurred direct labor cost of $140,000. Overhead totaled $350,000 for the month. Information on inventories was as follows:

September 1 September 30
Materials $120,000 $120,000
Work in process $70,000 $90,000
Finished goods $80,000 $75,000

Required:

1. What was the cost of direct materials used in September ?

2. What was the total manufacturing cost in September?

3. What was the cost of goods manufactured in September?

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