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The information below has been taken from the cost records of T Co. for the past year: (use actual OH ) Direct materials used in
The information below has been taken from the cost records of T Co. for the past year: (use actual OH ) Direct materials used in production Direct labor Actual OH 125 $326 225 Inventories: \begin{tabular}{lccc} & Beginning & Ending \\ \hline Direct materials & $75 & 30$85 \\ Work in process & 80 & 85 \end{tabular} a) Compute DM purchased. b) Prepare a statement of cost of goods manufactured for T Co. SHOW ALL COMPUTATIONS
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