Question New York Yankees manufactures and sell ball caps. The following information was extracted from their records for the current year. Accounts receivable, January-1 120 Depreciation-plant, building & equipment Indirect manufacturing labour 100 Direct manufacturing labour 150 Account payable, January-1 70 Direct materials used $ 180 Accounts receivable, December-31 85 Plant equipment 75 Direct materials, January-1 40 Marketing and customer service costs 180 Account payable, December-31 52 Miscellaneous manufacturing overhead 70 Sales 800 Plant supplies used 80 Work in process, January-1 45 Finished goods, December-31 Direct materials, December-31 30 Property taxes on plant 50 Work in process, December-31 55 I wenuer Spoob payslung Plant utilities 30 | Sales office -equipment depreciation 45 Required: 3) How much direct material was purchased? 170 b) What was the prime cost? 330 What was the total factory overhead cost? S 450 If total manufacturing cost were 085 955 then how much would cost of goods manufactured be? If Cost of Goods Manufactured was 908 what is the Cost of Goods Sold for the year