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The following chart shows how costs flow through a business as a product is manufactured. All boxes in the chart show cost amounts Compute
The following chart shows how costs flow through a business as a product is manufactured. All boxes in the chart show cost amounts Compute the cost amounts in the empty boxes. Materials Activity OOK Raw materials Inventory, beginning $145,500 Production Activity Direct labor used in production $350,000 Raw materials purchases $532,000 Raw materials available for use in production Raw materials Inventory, ending $175.000 Direct materials used is production Work in process ventory begining Total work in $64.900 Cest of goods Factory overhead used in production $790,000
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