CoursHeroTranscribedText: 33. LCIJ ICE"; DESI Irresistible Art produces collechle pieces of art. The company's Raw...
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CoursHeroTranscribedText: 33. LCIJ ICE"; DESI Irresistible Art produces collechle pieces of art. The company's Raw Material Inventory account includes the costs ofboth direct and indirect mate rials. Account balance: for re company at the beginning and end ofjuly El follow: lid}! 1 My at Raw Mateal InventoryI 5 93,200 5 59,62!) Work in Proti Inventory 146,441! 11mm] nished Goods Inventory EDEN] Hill-4,3420 During the month, the company purchased l of taur material; direct mate rial used during the period amounted to 150M111 Factory payroll costs for july 1were ITEMS") ofwhich '35 percent'urae related to direct labor. Dyerl'lead charges for depre ciation, insurance, utilities, and maintenance totaled Iii-(INK!) for July. a. Prepareascheduleofcost ofgoods manufactured. in. Plenareaschedule ofcom ofgoochsold
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