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vis Manufacturing Company had the following data: Collections on account were $625,000. Cost of goods sold was 68% of sales. Direct materials purchased amounted to
vis Manufacturing Company had the following data: Collections on account were $625,000. Cost of goods sold was 68% of sales. Direct materials purchased amounted to $90,000. Factory overhead was 300% of the cost of direct labor. Compute: (a) Sales revenue (all sales were on account) (b) Cost of goods sold (c) Cost of goods manufactured (d) Direct materials used (e) Direct labor incurred (f) Factory overhead incurred
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