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Selected data concerning the past year's operations of the Rose Company are as follows: R2 KS Beginning Ending Raw material OMR 2,000 OMR 3,000 Work
Selected data concerning the past year's operations of the Rose Company are as follows: R2 KS Beginning Ending Raw material OMR 2,000 OMR 3,000 Work in process 6,000 7,000 8,000 Finished goods 6,000 Other data: Direct material used 28,000 Total manufacturing costs charged to production during the year (Includes direct material, direct labor, and manufacturing overhead applied at rate of 75% of direct-labor cost) 77,000 Required: 1. What was the cost of raw material purchased during the year? 2. What was the direct-labor cost charged to production during the year? 3. What was the cost of goods manufactured during the year? 4. What was the cost of goods sold during the year
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