Sales Gross profit Indirect labor Indirect materials Other factory overhead Materials purchased Total manufacturing costs for the period Materials inventory, end of period Using the above information, determine the following amounts: a. Cost of goods sold b. Direct materials cost c. Direct labor cost $1,337,000 361,000 120,300 49,500 22,700 681,900 1,476,000 49,500 +A 976,000 582,900 ✔ 22,700 X
Sales Gross profit Indirect labor Indirect materials Other factory overhead Materials purchased Total manufacturing costs for the period Materials inventory, end of period Using the above information, determine the following amounts: a. Cost of goods sold b. Direct materials cost c. Direct labor cost $1,337,000 361,000 120,300 49,500 22,700 681,900 1,476,000 49,500 +A 976,000 582,900 ✔ 22,700 X
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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*need help with C please *

Transcribed Image Text:equipment:
Sales
Gross profit
Indirect labor
Indirect materials
Other factory overhead
Materials purchased
Total manufacturing costs for the period
Materials inventory, end of period
Using the above information, determine the following
amounts:
a. Cost of goods sold
b. Direct materials cost
c. Direct labor cost
$1,337,000
361,000
120,300
49,500
22,700
681,900
1,476,000
49,500
tA
976,000
582,900
22,700 X
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