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Raw materials: Nov. 30= $10,000 Dec. 31= $12,000 work in progress: Nov. 30 = $15,000 Dec. 31= $20,000 Finished goods: Nov. 30=$7,500 Dec 31= $10,000

image text in transcribedRaw materials: Nov. 30= $10,000 Dec. 31= $12,000

work in progress: Nov. 30 = $15,000 Dec. 31= $20,000

Finished goods: Nov. 30=$7,500 Dec 31= $10,000

image text in transcribed

Indirect materials: $5,000

Indirect labor :$7,000

Other overhead coast: $30,000

Factory Payroll (paid with cash): $57,000

Raw materials purchases (paid with cash): $40,000

Sales (received in cash): $200,000

As consultants, we are hired to help the company track and report costs. The following Tableau Dashboard is provided to assist us In our analysis. Inventories Work in Process Raw Materials Finished Goods $21.000 $18.000 $15.000 $12.000 $9.000 $6.000 $3.000 November 30 December 31 November 30 December 31 November 30 December 31 Factory Overhead for December Sales, Materials, and Payroll for December Indirect materials Indirect labor Factory payroll Raw materials purchases Total Overhead $42.000 Sales Other overhead costs Predetermined Overhead Rate Predetermined overhead rate based on direct labor cost 7096 *** + ableau 1. Compute cost of direct labor used. 2. Compute cost of direct materials used. 3. Compute cost of goods manufactured. 4. Compute cost of goods sold. (Do not consider any underapplied or overapplied overhead.) 1. Cost of direct labor used 2. Cost of direct materials used 3. Cost of goods manufactured 4. Cost of goods sold

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