Job Costing:

The following information is available for the first year of operations of Creston Inc., a manufacturer of fabric equipment. Use the information to determine cost of goods sold, direct materials cost, and direct labor cost.

Cost Flow Relationships The following information is available for the first year of operations of Creston Inc., a manufacturer of fabricating equipment: Sales $948,900 Gross profit 256,200 Indirect labor 85,400 Indirect materials 35,100 Other factory overhead 16,100 Materials purchased 483,900 Total manufacturing costs for the period 1,047,600 Materials inventory, end of period 35,100 Using the above information, determine the following amounts: a. Cost of goods sold b. Direct materials cost $ c. Direct labor cost