Business, 20.03.2020 03:56 jdbell627

The following information is available for the first month of operations of Bahadir Company, a manufacturer of mechanical pencils:

Sales $449,330
Gross profit 261,960
Cost of goods manufactured 224,670
Indirect labor 97,500
Factory depreciation 14,830
Materials purchased 138,390
Total manufacturing costs for the period 258,360
Materials inventory, ending 18,420

Using the information given, determine the following missing amounts:

a. Cost of goods sold
b. Finished goods inventory at the end of the month
c. Direct materials cost
d. Direct labor cost
e. Work in process inventory at the end of the month

Answers: 3

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The following information is available for the first month of operations of Bahadir Company, a manuf...

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