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please show work stions 7 and 8 use the data that follow Outionslse the data that fulonm Supposc estions se a bakery reports the following
please show work
stions 7 and 8 use the data that follow Outionslse the data that fulonm Supposc estions se a bakery reports the following information: Beginning Direct Materials Ending Direct Materials Beginning Work-in-Process Inventory Ending Work-in-Process Inventory Beginning Finished Goods Inventory Ending Finished Goods Inventory Direct Labor Purchases of Direct Materials Manufacturing Overhead $ 6,000 5,000 3,000 2,000 4,000 6,000 29,000 102,000 20,000 7. What is the cost of direct materials used? a. $101,000 b. $103,000 c. $114,000 d. $102,000 8. What is the cost of goods manufactured? a. $151,000 b. $153,000 c. $150,000 d. $177,000Step by Step Solution
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