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Question # 19: The December 31, 2008 trial balance of the Nouman Sugar Mills showed: DirectMaterialPurchasedDirectlabor225,000350,000transportationin3,200Factoryoverheadapplied@50%ofdirect labor cost ActualFactoryoverheadInventories210,000Jan,2008Dec.31,2008 Finished goods 467,000 Work in process

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Question \# 19: The December 31, 2008 trial balance of the Nouman Sugar Mills showed: DirectMaterialPurchasedDirectlabor225,000350,000transportationin3,200Factoryoverheadapplied@50%ofdirect labor cost ActualFactoryoverheadInventories210,000Jan,2008Dec.31,2008 Finished goods 467,000 Work in process 136,000 Materials 196,000 Required 1. Cost of goods sold. 2. Calculation of Material Consumed. 3. Calculation of over or under applied Factory overhead. Question \# 19: The December 31, 2008 trial balance of the Nouman Sugar Mills showed: DirectMaterialPurchasedDirectlabor225,000350,000transportationin3,200Factoryoverheadapplied@50%ofdirect labor cost ActualFactoryoverheadInventories210,000Jan,2008Dec.31,2008 Finished goods 467,000 Work in process 136,000 Materials 196,000 Required 1. Cost of goods sold. 2. Calculation of Material Consumed. 3. Calculation of over or under applied Factory overhead

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