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please help The following chart shows how costs flow through a business as a product is manufactured. All boxes in the chart show cost amounts.
please help The following chart shows how costs flow through a business as a product is manufactured. All boxes in the chart show cost amounts. Compute the cost amounts in the empty boxes. Materials Activity Raw materials purchases $556,000 Raw materials Inventory, beginning $151,500 Raw materials available for use in production Raw materials Inventory, ending $187,000 Direct materials used in production Production Activity Direct labor used in production $374,000 I Factory overhead used in production $774,000 Work in process Inventory, beginning Total work in process Work in process Inventory, ending $90.500 $ Cost of goods manufacthiren Sales Activity Finished goods Inventory, beginning $ ->> manufactured $1,599,500 + Cost of goods avallable for sale $1,743,250 Cost of goods sold $ Finished goods Inventory, ending $140,550
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