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Polly Manufacturing Company had the following account balances for the quarter ending March 31: Work-in-process inventory (January 1) Work-in-process inventory (March 31) Finished goods inventory
Polly Manufacturing Company had the following account balances for the quarter ending March 31: Work-in-process inventory (January 1) Work-in-process inventory (March 31) Finished goods inventory (January 1) Finished goods inventory (March 31) Materials inventory (January 1) Materials inventory (March 31) Materials purchased Indirect materials used Direct manufacturing labor Indirect manufacturing labor Property taxes on manufacturing plant building Salespersons' company vehicle costs Depreciation of manufacturing equipment Depreciation of office equipment Miscellaneous plant overhead Plant utilities General office expenses Marketing distribution costs $ 150,700 189,600 540,000 320,000 270,000 530,000 600,000 94,000 480,000 210,000 28,800 14,000 265,000 125,600 137,000 92,500 315,400 34,000 Materials inventory account and materials purchases are for direct materials only. Indirect materials used are not credited to this account. Property taxes are treated as production costs. The direct materials used is , the total manufacturing costs for the period is the total COGM is and the total COGS is Do not include commas in your answer. Present $1,000 as $1000
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