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The following data are taken from the accounting records of Gregory Mfg Co: 2016 2015 Ending inventories: $ $ Raw materials 100,000 80,000 Work in

The following data are taken from the accounting records of Gregory Mfg Co:

2016 2015
Ending inventories: $ $
Raw materials 100,000 80,000
Work in Process 64,000 56,000
Finished Goods 140,000 170,000

Manufacturing goods:

Direct materials used $657,000
Direct labour cost charged to production 270,000
Manufacturing overhead 378,000

Required:

1a. Compute the raw materials Purchased.

1b. Compute the total manufacturing cost charged to production (work in process account).

1c. Compute the cost of finished goods manufactured

1d. Compute the cost of goods sold.

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