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Work in Process Finished Goods Raw Materials Bal 0 (b) 154,000 (a) 164,000 10,000 (8) 460,000 Bal 0 (1) 510,000 (b) 132,000 (c) 170,000 (e)
Work in Process Finished Goods Raw Materials Bal 0 (b) 154,000 (a) 164,000 10,000 (8) 460,000 Bal 0 (1) 510,000 (b) 132,000 (c) 170,000 (e) 210,000 2,000 Bal 0 () 510,000 50,000 Cost of Goods Sold (8) 460,000 Manufacturing Overhead (b) 22,000 (e) 210000 (C) 26,000 (d) 156,000 6,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year? What is the costs of goods manufactured for the year? $510000 What is the total manufacturing cost that would have been reported on the company's job cost sheets during the year? What it the total actual manufacturing overhead costs incurred during the year? If manufacturing overhead is closed to cost of goods sold, what would be the adjusted cost of goods sold reported on the income statement
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