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Gamma Corporation compiled the following list of costs related to manufacturing for the year ended December 31, 2019: Direct materials used in production $481,000 Direct

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Gamma Corporation compiled the following list of costs related to manufacturing for the year ended December 31, 2019: Direct materials used in production $481,000 Direct labor $305,100 Total manufacturing overhead $666,900 They have also provided the following information: The balance of work in process inventory on January 1, 2019 is equal to the balance of work in process inventory on December 31, 2019 Finished goods inventory had a balance of $151,100 on January 1, 2019 and a balance of $220,000 on December 31, 2019. Do not enter dollar signs or commas in the input boxes. Do not use the negative sign. a) Calculate the cost of goods manufactured for hoe year ended December 31, 2019. Cost of goods manufactured: $ b) Calculate cost of goods sold for the year and show how the cost of goods sold section would appear in a detailed income statement Hoth Company is a brand new company that started operations on April 1, 2019. Hoth manufactures cold weather clothing. At the end of April, 2019, the accountant for Hoth compiled the following information. Item Amount Administrative Expense $21,000 Direct Labor $13,000 Ending Finished Goods $9,000 Ending Raw Materials $22,000 Ending Work-in-Process $10,000 Manufacturing Overhead $7,000 Raw Materials Purchases $53,000 Sales Revenue $132,000 Selling Expense $27,000 Do not enter dollar signs or commas in the input boxes. Do not use the negative sign, a) Prepare a schedule of cost of goods manufactured for April

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