BACC 210 Principes of Managerial Accounting Sec.No.01 Fall 20-21 Question 2 300 Question 1.3 Marks) Case 1 (1 Mark) Current information for the Austin Company follows: Beginning raw materials inventory 515200 Beginning goods in process inventory $22.400 Ending raw materials inventory $16,600 Ending goods in process inventory $28.000 Direct labor $42,800 Total Factory overhead 30,000 Raw material purchases $60,000 Required: Determine the Austin Company's cost of goods manufactured for the year. Case 2 (1 Mark) If the cost of the beginning goods in process inventory is $10,000, costs of goods manufactured is $190.000, direct materials cost is $330,000, direct labor cost is $210,000, and overhead cost is $315,000, calculate the ending goods in process inventory Case 3 (1 Mark) A company's prime costs total 54,500,000 and its conversion costs total $5.500,000. 1 direct materials are $2,000,000 calculate the overhead costs: Answer A ! !!! 51 % 32 X3 x lub lule Lenovo