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The following information is available for the Manufacturing Company for the month ended July 31. Manufacturing Company uses an actual costing system (they do not

The following information is available for the Manufacturing Company for the month ended July 31. Manufacturing Company uses an actual costing system (they do not use predetermined overhead rates).

July 1 July 31
Work in process inventory $9,800 $11,300
Finished goods inventory $2,400 $22,260

The following costs were incurred in July for manufacturing and selling and administrative purposes:

Direct materials purchased and used 50,000
Direct labor 70,600
Factory supervisor's salary 4,900
Office supplies expense 1,100
Equipment Depreciation-factory 9,100
Equipment Depreciation-office 3,750
Sales salaries and commissions 20,000
Office utilities 2,400
Indirect labor 8,000

1. Compute manufacturing overhead costs for the month.

2. Compute the cost of goods manufactured for the month. 3. Compute cost of goods sold for the month.

Type your 3 final answers (labeled) at the top. Then, show work below those (in numbers, not words-- show me your computations as briefly as possible so that I see what you included/excluded)

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