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direct materials used is? cost of goods manufactured is? cost of goods sold is? A review of Plunkett Corporation's accounting records for last year disclosed

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direct materials used is? cost of goods manufactured is? cost of goods sold is?
A review of Plunkett Corporation's accounting records for last year disclosed the following selected information. Variable Costs Direct materials used $ 56,000 Direct labor $179,000 Manufacturing overhead $154,000 Selling costs $ 108,400 Fixed costs Manufacturing overhead Selling costs Administrative costs $267,000 $121,000 $235.900 What were Plunkett's product costs and period costs for last year? Product Period 01) $235,100 $914,000 O2) $497,500 $651,600 3) $656,000 $465,300 O4) $683,800 $465,300 Sierra Vista Company plans to sell 95,000 units in June and 130,000 units in July. The company's policy is to keep 15% of the next month's sales in ending inventory. If the ending inventory in May was consistent with this policy, how many units should be produced in June? 1) 101,000 units 2) 95.000 units O3) 90,250 units 4) 100,250 units Administrative Expenses $ 686,200 Beginning Finished Goods $ 108,620 Beginning Raw Materials $ 427,150 Beginning WIP $ 20,625 Depreciation on Factory Equip $ 202,035 Direct Labor $ 756,908 Ending Finished Goods $ 93,612 Ending Raw Materials $ 501,302 Ending WIP $ 27,941 Factory Utilities $ 312,052 Indirect Materials Used from Raw Materials $ 87,712 Insurance (70% for factory 30% for admin) $ 210,855 Marketing Expenses $ 442,807 Raw Materials Purchases $ 2,422,920 Repair and Maintenance on Factory Equip $ 129,246 Sales $ 6,420,456 Sales Supervision $ 294,485

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