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The following accounts are from last year's books of Sharp Manufacturing: Raw Materials Bal 0 (b) 156,400 (a) 170,000 13,600 Work In Process Bal 0

The following accounts are from last year's books of Sharp Manufacturing:

Raw Materials
Bal 0 (b) 156,400
(a) 170,000
13,600

Work In Process
Bal 0 (f) 519,600
(b) 133,200
(c) 170,400
(e) 216,000
0

Finished Goods
Bal 0 (g) 472,000
(f) 519,600
47,600

Manufacturing Overhead
(b) 23,200 (e) 216,000
(c) 27,200
(d) 158,400
7,200

Cost of Goods Sold
(g) 472,000

Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year?

Multiple Choice

  • $170,400

  • $156,400

  • $133,200

  • $170,000

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