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I only need help with PART C! Thank you! The following T-accounts record the operations of Crane Co.: Assume all raw materials are direct materials.
I only need help with PART C!
Thank you!
The following T-accounts record the operations of Crane Co.: Assume all raw materials are direct materials. Beginning Balance Raw Materials 25,000 ? 240,000 15,000 Ending Balance Beginning Balance Direct Material Direct Labor Overhead Work in Process 35,000 ? 165,000 ? ? Ending Balance 25,000 Beginning Balance COGM Finished Goods 40,000 ? 640,000 Ending Balance 15,000 (a) Calculate the amount of direct materials purchased during the period Direct materials purchased $ 230000 (b) Calculate the cost of goods manufactured during the period. Costs of goods manufactured $ 615000 (c) Calculate the total manufacturing overhead cost for the period. Total manufacturing overhead cost $ 605000Step by Step Solution
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