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The following costs and inventory data were taken from the accounts of Crane Company for 2022: (Assume all raw materials used were direct materials.) January

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The following costs and inventory data were taken from the accounts of Crane Company for 2022: (Assume all raw materials used were direct materials.) January 1, 2022 December 31, 2022 Inventories Raw materials 8,320 7.280 Work in process 5,600 13.520 Finished goods 16.640 2.480 Costs incurred: Raw materials purchases 101.920 Direct labor 13.680 Factory rent 8,320 Factory utilities 10.400 Indirect materials 6.240 Indirect labor 9,360 Operating expenses 17,680 Your answer is correct. Prepare a schedule showing the amount of direct ma rials used in production during the year- Raw Materials Inventory Beginning 8320 Raw Materials Purchases 101920 Raw Materials Available for Use 110240 Less v Raw Materials Inventory, Ending 7280 Direct Materials Used 102960 e Textbook and Media Attempts: 1 of 1 used K b Compute the amount of manufacturing overhead incurred during the year. Total manufacturing overhead $ e Textbook and Media Attempts; 0 of 1 used Save for Later (C ) parts of this (d) The parts of this

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