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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 $120,000. Overhead
Direct Materials Used, Cost of Goods Manufactured In September, Lauren Ashley Company purchased materials costing $190,000 and incurred direct labor cost of $120,000. Overhead totaled $335,000 for the month. Information on inventories was as follows: September 1 September 30 Materials $110,000 $100,000 Work in process Finished goods 70,000 80,000 75,000 80,000 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. X Open spreadsheet 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 for September? Check My Work Previous Next W
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