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The following information is available for All-True Window Company January 1, 2017 2017 December 31, 2017 Raw materials inventory 21,000 30,000 Work in process inventory

The following information is available for All-True Window Company

January 1, 2017 2017 December 31, 2017

Raw materials inventory 21,000 30,000

Work in process inventory 13,500 17,200

Finished goods inventory 27,000 21,000

Materials purchased 650,000

Direct labor 300,000

Manufacturing overhead 450,000

Sales revenue 1,625,000

a. Determine the cost of materials used during the year?

b. Prepare Cost of Goods Manufactured statement for the year ended December 31, 2017.

c. Prepare income statement through gross profit for the year ended December 31, 2017.

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