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Direct Materials Used, Cost of Goods Manufactured In September, Lauren Ashley Company purchased materials costing $200,000 and incurred direct labor cost of $150,000. Overhead totaled

Direct Materials Used, Cost of Goods Manufactured

In September, Lauren Ashley Company purchased materials costing $200,000 and incurred direct labor cost of $150,000. Overhead totaled $325,000 for the month. Information on inventories was as follows:

September 1 September 30
Materials $130,000 $110,000
Work in process $90,000 $70,000
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 for September ?

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