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Q1) Select the correct classification Q2) The following informaitno is available for molly of maple company at Dec 31, 2023 begin{tabular}{l|r|r|} hline & &
Q1) Select the correct classification Q2) The following informaitno is available for molly of maple company at Dec 31, 2023 \begin{tabular}{l|r|r|} \hline & & \\ \hline & 01/01/2022 & 12/31/2022 \\ \hline Finish goods: & $25,000 & $26,000 \\ \hline Work in process & 158,000 & 153,000 \\ \hline Direct Materials & 16,000 & 14,500 \\ \hline & & \\ \hline \end{tabular} During the year, the following info was recorded: 1. Purcased $56,500 of raw materials, including $7,000 of indirect materials that were consumed during the year 2. Wage expense equalled $100,250, of which $75,000 was for assembly line workers, and $16,000 was for factory superviors. The remainder was sales and admin. 3. Other MOH equalled $157,000 a) what are the total direct materials available? b) what are the total manu costs? c) Total cost for work in process? d) what is the cost of goods manu e) what is the cost of goods sold? Q1) Select the correct classification Q2) The following informaitno is available for molly of maple company at Dec 31, 2023 \begin{tabular}{l|r|r|} \hline & & \\ \hline & 01/01/2022 & 12/31/2022 \\ \hline Finish goods: & $25,000 & $26,000 \\ \hline Work in process & 158,000 & 153,000 \\ \hline Direct Materials & 16,000 & 14,500 \\ \hline & & \\ \hline \end{tabular} During the year, the following info was recorded: 1. Purcased $56,500 of raw materials, including $7,000 of indirect materials that were consumed during the year 2. Wage expense equalled $100,250, of which $75,000 was for assembly line workers, and $16,000 was for factory superviors. The remainder was sales and admin. 3. Other MOH equalled $157,000 a) what are the total direct materials available? b) what are the total manu costs? c) Total cost for work in process? d) what is the cost of goods manu e) what is the cost of goods sold
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