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Question Content Area The following information is available for the first month of operations of Diacox Inc., a manufacturer of sports apparel: Sales $2,050,000 Gross
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The following information is available for the first month of operations of Diacox Inc., a manufacturer of sports apparel:
| Sales | $2,050,000 |
| Gross profit | 490,000 |
| Indirect labor | 152,000 |
| Indirect materials | 45,000 |
| Other factory overhead | 515,000 |
| Materials purchased | 801,000 |
| Total manufacturing costs for the period | 1,710,000 |
| Materials inventory, end of period | 36,800 |
Using the given information, determine the following:
| a. Cost of goods sold | $fill in the blank 1 |
| b. Direct materials cost | $fill in the blank 2 |
| c. Direct labor cost | $fill in the blank 3 |
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Cost Accounting
Authors: William K. Carter
14th edition
759338094, 978-0759338098
