Chapter 16, Problem 4BP

a.

To determine

State the amount of Purchases of direct materials during the year.

b.

To determine

State the cost of direct materials used during the year.

c.

To determine

Compute the amount of direct labor payrolls paid during the year.

d.

To determine

Compute the amount of direct labor costs assigned to production.

e.

To determine

Compute the amount of overhead assigned to production as a percentage of direct labor costs.

f.

To determine

Compute the total manufacturing costs charged to the Work in Process Inventory account during the year.

g.

To determine

Compute the cost of finished goods manufactured.

h.

To determine

Compute the cost of goods sold.

i.

To determine

Compute the total costs to be classified as inventory in the year-end balance sheet.