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Direct Materials Used, Cost of Goods Manufactured In September, Lauren Ashley Company purchased materials costing $180,000 and incurred direct labor cost of $110,000. Overfiead
Direct Materials Used, Cost of Goods Manufactured In September, Lauren Ashley Company purchased materials costing $180,000 and incurred direct labor cost of $110,000. Overfiead totaled $365,000 for the month. Information on inventories was as follows September 1 September 30 Materials $130,000 $150,000 Work in process $80,000 $90,000 Finished goods Required: $70,000 $80,000 1. What was the cost of deect materiels used in September ? 7. What was the total manufacturing cost in September 7 3. What was the cost of goods manufactured for September? Next
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