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eBook Show Me How Print Item Question Content Area Cost Flow Relationships The following information is available for the first month of operations of Bahadir
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Cost Flow Relationships
The following information is available for the first month of operations of Bahadir Company, a manufacturer of mechanical pencils:
Sales | $447,010 |
Gross profit | 260,610 |
Cost of goods manufactured | 223,510 |
Indirect labor | 97,000 |
Factory depreciation | 14,750 |
Materials purchased | 137,680 |
Total manufacturing costs for the period | 257,030 |
Materials inventory, ending | 18,330 |
Using the above information, determine the following missing amounts:
a. Cost of goods sold | $fill in the blank 1 |
b. Finished goods inventory at the end of the month | $fill in the blank 2 |
c. Direct materials cost | $fill in the blank 3 |
d. Direct labor cost | $fill in the blank 4 |
e. Work in process inventory at the end of the month | $fill in the blank 5 |
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