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Required information [The following information applies to the questions displayed below.) The following information has been taken from the perpetual inventory system of Jaxson Manufacturing

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Required information [The following information applies to the questions displayed below.) The following information has been taken from the perpetual inventory system of Jaxson Manufacturing Co. for the month ended September 30: Hint: The missing Ending Materials Inventory amount on Sept 30 should be a simple calculation based on the information given. You will be asked to solve for various amounts based on your understanding of the relationships between these accounts, as we discussed. Purchases of direct materials Direct materials used Direct labor costs assigned to production Manufacturing overhead costs incurred $84,000 $63,200 $44,000 $46,000 Balances in inventory Materials Work in Process Finished Goods Sept 30 $ ? $34.000 $ 61,000 Sept 1 67,000 51.000 66,000 The cost of goods sold in September is: Multiple Choice O $155,200 $158,200. $175,200. O Some other amount

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