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Logins I Alvernia University O Week 1 Assessment Problems a ezto.mheducation.com Question 6 - Week 1 Assessment Problems - Connect Saved Untitled Favorites Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question The following selected information was extracted from the 20x1 accounting records of Lone Oak Products: Part 2 of 5 4.55 points Graw Raw material purchases Direct labor Indirect labor Selling and administrative salaries Building depreciation* Other selling and administrative expenses Other factory costs Sales revenue ($130 per unit) $ 175,000 *Seventy-five percent of the company's building was devoted to production activities; the remaining 25 percent was used for selling and administrative functions. Inventory data: Raw material Work in process Finished goods* January 1 $ 16,000 35, 111, December 31 $18,200 62, 97 , 900 *The January 1 and December 31 finished-goods inventory consisted of 1,350 units and 1,190 units, respectively. Problem 2-38 Part 2 2. Calculate Lone Oak's cost of goods manufactured. Answer is complete but not entirely correct. ost of goods manufactured $ 840,900 6 255, 107 , 133, 80, 195, 344, of 11 9 Next