Question
The following accounts are from last year's books of Sharp Manufacturing: Raw Materials Bal 0 (b) 155,600 (a) 168,000 12,400 Work In Process Bal 0
The following accounts are from last year's books of Sharp Manufacturing: Raw Materials Bal 0 (b) 155,600 (a) 168,000 12,400 Work In Process Bal 0 (f) 516,400 (b) 132,800 (c) 169,600 (e) 214,000 0 Finished Goods Bal 0 (g) 468,000 (f) 516,400 48,400 Manufacturing Overhead (b) 22,800 (e) 214,000 (c) 26,800 (d) 157,600 6,800 Cost of Goods Sold (g) 468,000 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?
| Raw Materials | |||
| Bal | 0 | (b) | 155,600 |
| (a) | 168,000 | ||
| 12,400 | |||
| Work In Process | |||
| Bal | 0 | (f) | 516,400 |
| (b) | 132,800 | ||
| (c) | 169,600 | ||
| (e) | 214,000 | ||
| 0 | |||
| Finished Goods | |||
| Bal | 0 | (g) | 468,000 |
| (f) | 516,400 | ||
| 48,400 | |||
| Manufacturing Overhead | |||
| (b) | 22,800 | (e) | 214,000 |
| (c) | 26,800 | ||
| (d) | 157,600 | ||
| 6,800 | |||
| Cost of Goods Sold | |||
| (g) | 468,000 | ||
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?
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