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the ending inventorys finished good is 20,000 Sales were $420,000 for the month. Sales prices are determined by a markup on manufacturing cost of 40%.

the ending inventorys finished good is 20,000
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Sales were $420,000 for the month. Sales prices are determined by a markup on manufacturing cost of 40%. The costs of new inputs to the manufacturing process during the month were $289,800. (a) Calculate the missing values in the schedule below. Work in Process Finished Good: Materials $104.400 urchases eginning Inventory 17,600 $8,500 nding Inventory (a) 18.100 20 Direct Materials Used 90,300 Direct Labour (b) fanufacturing Overhead (including direct materials of $9.800) 115,800 ransferred to Finished Goods (c) ost of Goods Sold

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