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Hi Please help with my accounting homework. All questions included. Please answer just one if it is to many questions Chapter 15 Checkpoint #3 Name

Hi Please help with my accounting homework. All questions included. Please answer just one if it is to many questions

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Chapter 15 Checkpoint #3 Name Chen Corporation had the following information available for 2018: Additional Information for 2018: Raw Materials Work in Process Finished Goods Advertising Expenses Direct Labor Factory Depreciation Factory Insurance Factory Prop erty Taxes Factory Repairs Factory Utilities Indirect Materials Used Marketing Manager's Salary Ofce Utiliti Raw Materia es Expense 1 Purchases Sales Revenue Total Factory Labor Charges REQUIRED: Compute the direct material costs for the year. macaw? Compute the indirect labor costs for the year. Compute the total overhead costs for the year. Beginning Balance $25,000 9,000 1 2,000 $ 220,000 900,000 45,100 68,000 12,000 100,000 31,000 65,000 100,000 85,000 580,000 3,500,000 928,000 Compute the cost of goods manufactured for the year. Compute the cost of goods sold for the year. Compute the gross prot for the year. Ending Balance $31,000 7,000 15,000

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