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The following T-accounts record the operations of Vaughn Co.: Assume all raw materials are direct materials. Raw Materials Beginning Balance 11,650 ????? 60,436 Ending Balance
The following T-accounts record the operations of Vaughn Co.: Assume all raw materials are direct materials. Raw Materials Beginning Balance 11,650 ????? 60,436 Ending Balance 12,310 Work in Process Beginning Balance 18,648 77777 Direct Material Direct Labor 50,128 Overhead 75,340 Ending Balance 23,002 Finished Goods Beginning Balance 28,748 ????? ????? Ending Balance 18,702 (a) Calculate the amount of direct materials purchased during the period. $ Raw materials purchased (b) Calculate the direct materials used in production during the period. Direct materials used in production (c) Calculate the total manufacturing cost for the period. Total manufacturing cost (d) Calculate the cost of goods manufactured for the period. Cost of goods manufactured (e) Calculate the cost of goods sold for the period. Cost of goods sold
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