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Under Hilltopper Company's job-order costing system, manufacturing overhead is applied to Work in Process inventory using a predetermined overhead rate. During July, Hilltopper's transactions included

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Under Hilltopper Company's job-order costing system, manufacturing overhead is applied to Work in Process inventory using a predetermined overhead rate. During July, Hilltopper's transactions included the following: 4. WIP, Beginning WIP, Ending Direct labor cost incurred Direct materials issued to production Indirect materials issued to production Manufacturing overhead cost applied Actual MOH cost incurred 300,000 250,000 428,000 360,000 32,000 452,000 500,000 Calculate the cost of goods manufactured for July using job-order costing. Last month, ABC Company's Raw Materials Placed into Production was $92,000. The company's beginning Raw Materials was $14,000 and its ending Raw Materials was $16,000. What was the total amount of the company's materials purchases for the month? (Hint: read 5

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