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undefined The following information is available regarding the Home Co. BAL 1/2 DEBITS RAW MATERIALS 4,750 CREDITS ? 450,000 DEBITS MANUFACTURING OVERHEAD 68.000 CREDITS BAL

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The following information is available regarding the Home Co. BAL 1/2 DEBITS RAW MATERIALS 4,750 CREDITS ? 450,000 DEBITS MANUFACTURING OVERHEAD 68.000 CREDITS BAL 12/31 1.200 DEBITS WORK IN PROCESS BAL1/2 12.000 CREDITS DIRECT MATERIALS 373.000 DIRECT LABOR MANUFAC OVERHEAD 50.000 FACTORY WAGES PAYABLE 682,000 BAL 1/2 CREDITS 3.500 BAL 12/31 1.500 BAL 12/31 105.000 FINISHED GOODS 46,000 CREDITS COSTOR GOODS SOLD Com 994.000 DEBITS BAL 1/2 DEBATS TL 12/31 32,000 C. a. What is the amount of raw materials purchased for the year? 446,450 b. What is the amount of indirect labor for the year? 680,000 - 650,000 30,000 What is the cost of goods manufactured for the year? 980,000 d. What is the cost of goods sold for the year? 994000 e. is overhead over- or underapplied? By what amount

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