Chapter 16, Problem 3AP

a.

To determine

Ascertain the purchase cost of direct materials during the current year.

b.

To determine

Ascertain the cost of direct material used during the year.

c.

To determine

Ascertain the direct labor costs assigned to production during the year.

d.

To determine

Ascertain the year-end liability for direct wages payable.

e.

To determine

Ascertain the total manufacturing costs charged to the work in process inventory account during the current year.

f.

To determine

Ascertain the cost of finished goods manufactured during the year.

g.

To determine

Ascertain the year-end balance in the work in process inventory account.

h.

To determine

Ascertain the cost of goods sold of Company S.

i.

To determine

Ascertain the total amount of inventory listed in the year-end balance sheet of Company S.