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The following information is from DALLAS Manufacturing Co. for April: $95,000 $76,000 $234,000 $32,000 Direct materials used in production Direct labour Total manufacturing cost Raw

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The following information is from DALLAS Manufacturing Co. for April: $95,000 $76,000 $234,000 $32,000 Direct materials used in production Direct labour Total manufacturing cost Raw materials inventory, April 1 Work-in-process inventory, April 1 Finished goods inventory, April 1 Purchases of raw materials Cost of goods manufactured Administrative expense $5,000 $101,000 $102,000 $250,000 $41,000 Selling expense $66,000 Sales $333,000 Gross margin $137,000 Net income $30,000 Required: (a.) Compute the cost of goods sold. (b.) Compute the balance in finished goods inventory at April 30. (c.) Compute the balance in work-in-process inventory at April 30 (d) Compute the balance in raw materials inventory at April 30. (e.) Compute the total manufacturing overhead. (Hint: The easiest method of solving this problem is to prepare out the income statement and the schedule of cost of goods manufactured, enter the given amounts, and then enter the unknowns as plug figures.) COPY THIS TO THE TOP OF YOUR ANSWER AND COMPLETE - FOLLOWED BY YOUR CALCULATIONS ANSWER: (a.) (b) (c.) (d.) (e.) Compute the cost of goods sold. Compute the balance in finished goods inventory at April 30. Compute the balance in work-in-process inventory at April 30, Compute the balance in raw materials inventory at April 30. Compute the total manufacturing overhead

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