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I am unsure how to make an overview diagram with the following information. You are the new cost accountant at SRS. In your new position,

I am unsure how to make an overview diagram with the following information.

You are the new cost accountant at SRS. In your new position, you have been asked to perform a few tasks for the companys leadership team. Use the scenario info in the table below:

A: Create an overview diagram using whichever flowchart or diagram tool you feel most comfortable with. Paste it on the OVERVIEW DIAGRAM sheet.

Direct Materials and supplies purchased on credit: $800

Direct materials used: $710

Indirect materials issued to various production departments: $100

Direct manufacturing labor: $1,300

Indirect manufacturing labor incurred by various production departments: $900

Depreciation on building and manufacturing equipment: $400

Miscellaneous manufacturing overhead incurred by various production departments: $550

o (Ordinarily, this would be detailed as repairs, photocopying, utilities, etc.)

Manufacturing overhead allocated at 160% of direct manufacturing labor costs: ?

Cost of goods manufactured: $4,120

Revenues: $8,000

Cost of goods sold (before adjustment for under- or overallocated manufacturing overhead): $4,020

Inventories, December 31, 2016 (not 2017):

o Materials control: $100

o Work-in-process control: $60

o Finished goods control: $500

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