The following information is available for the first month of operations of Bahadir Company, a manufacturer of mechanical pencils:Sales $792,000Gross profit 462,000Cost of goods manufactured 396,000Indirect labor 171,600Factory depreciation 26,400Materials purchased 244,200Total manufacturing costs for the period 455,400Materials inventory, ending 33,000Using the information given, determine the following missing amounts:a. Cost of goods soldb. Finished goods inventory at the end of the monthc. Direct materials costd. Direct labor coste. Work in process inventory at the end of the month
The following information is available for the first month of operations of Bahadir Company, a manufacturer of mechanical pencils:
Sales $792,000
Gross profit 462,000
Cost of goods manufactured 396,000
Indirect labor 171,600
Factory
Materials purchased 244,200
Total
Materials inventory, ending 33,000
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
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