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Salamone Heaters' selected data for December 2017 are presented here (in millions): (Click the icon to view the data.) Read the requirements. Requirement 1. Calculate
Salamone Heaters' selected data for December 2017 are presented here (in millions): (Click the icon to view the data.) Read the requirements. Requirement 1. Calculate the cost of direct materials inventory 12/31/2017. Direct materials inventory 12/31/2017 Requirement 2. Calculate the fixed manufacturing overhead costs for December 2017 The fixed manufacturing overhead costs for December 2017 are $ . Requirement 3. Calculate the direct manufacturing labor costs for December 2017. Less: Direct manufacturing labor costs for December Requirement 4. Calculate the cost of work-in-process inventory 12/31/2017 Work-in-process inventory 12/31/2017 Requirement 5. Calculate the cost of finished goods available for sale in December 2017 Finished goods available for sale in December Requirement 6. Calculate the cost of finished goods inventory 12/31/2017 Finished goods inventory 12/31/2017 i Data Table Direct materials inventory 12/1/2017 75 Direct materials purchased Direct materials used 365 360 465 255 1,570 Total manufacturing overhead costs Variable manufacturing overhead costs Total manufacturing costs incurred during December 2017 Work-in-process inventory 12/1/2017 Cost of goods manufactured Finished goods inventory 12/1/2017 Cost of goods sold 205 1,660 150 1,720 Print Done Requirements Calculate the following costs: 1. Direct materials inventory 12/31/2017 2. Fixed manufacturing overhead costs for December 2017 3. Direct manufacturing labor costs for December 2017 4. Work-in-process inventory 12/31/2017 5. Cost of finished goods available for sale in December 2017 6. Finished goods inventory 12/31/2017 Print Done]
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