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XCO The following account cost data is for the Hill Company for the current production year: Raw Materials Inventory Work-in-Process Inventory Beg. Bal 70 90

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XCO The following account cost data is for the Hill Company for the current production year: Raw Materials Inventory Work-in-Process Inventory Beg. Bal 70 90 Beg Bal 110 650 550 End. Bal. 80 420 105 End. Bal Direct Labor Beg. Bal 490 420 Factory Overhead 90 170 70 60 Finished Goods Inventory Beg. Bal. 85 End. Bal 90 Additional Information: Total Manufacturing Costs - $1,460 Hints: The $90 credit to Raw Materials inventory is assigned to Factory Overhead, and not a cost for To calculate some of the you need to put the accounts in balance by using the account ending balances Required. Using the above T-Account data and the additional information answer the following question What was the amount of each of the items (Direct Material Direct Labor and Manufacturing that we considered part of total manufacturing N FO F10 11 F12 FB F6 F7 F4 F5 F3 8 7 C 9 6 8 0 nvas XCO Total Manuacturing Costs 31,400 Hints: The 590 credit to Row Materials Inventory is assigned to Factory Overhead, and not a cost for WIP To calculate some of the _...you need to put the T-accounts in balance by using the account ending balances, Required Using the above T-Account data and the additional information, answer the following questions: (w) What was the amount of each of the items (Direct Materials. Direct labor, and Manufacturing OHthat are considered part of total manufacturing costs of $1460? (3 points) (b) What was the amount of cost of goods manufactured? (1 point) c) What was the amount of cost of goods available for sale! 1 point) (d) What was the amount of cost of goods sold (1 point) Edit View Insert Format Tools Table Dz Il 12 Paragraph T LON FO F10 F11 FB F5 F7 F4 FO F3 2 @ Esc FI > BA 7 6 8 2 3

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