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eBook Show Me How Office 365 Cost Flow Relationships The following information is available for the first year of operations of Idgie Inc., a
eBook Show Me How Office 365 Cost Flow Relationships The following information is available for the first year of operations of Idgie Inc., a manufacturer of fabricating equipment: Sales Gross profit Indirect labor $1,337,600 361,200 120,400 Indirect materials 49,500 Other factory overhead 22,700 Materials purchased 682,200 Total manufacturing costs for the periodi 1,476,700 Materials inventory, end of period 49,500 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 Using the above information, determine the following amounts: a. Cost of goods sold b. Direct materials cost c. Direct labor cost
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