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Exercise 4-5 The following T-accounts record the operations of Roddick Co.: Assume all raw materials are direct materials. Beginning Balance Raw Materials 10,000 ????? 60,000

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Exercise 4-5 The following T-accounts record the operations of Roddick Co.: Assume all raw materials are direct materials. Beginning Balance Raw Materials 10,000 ????? 60,000 12,000 Ending Balance Work in Process Beginning Balance 15,000 Direct Material ????? Direct Labor 48,000 Overhead 72,000 ????? Ending Balance 23,000 Beginning Balance Finished Goods 25,000 ????? ????? Ending Balance 16,000 (a) Calculate the amount of direct materials purchased during the period. (a) Calculate the amount of direct materials purchased during the period. Raw materials purchased (b) Calculate the direct materials used in production during the period. Direct materials used in production (c) Calculate the total manufacturing cost for the period. Total manufacturing cost $ (d) Calculate the cost of goods manufactured for the period. Cost of goods manufactured (e) Calculate the cost of goods sold for the period. Cost of goods sold

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