Inventories

Factory Overhead for

December

Sales, Materials, and Payroll for

December

Predetermined Overhead Rate $70\%$

$1.$ Compute cost of direct labor used.

$2.$ Compute cost of direct materials used.

$3.$ Compute cost of goods manufactured.

$4.$ Compute cost of goods sold. $($Do not consider any underapplied or overapplied overhead.$)$