The following accounts sure the flow of manufacturing costs during the current year through the...
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The following accounts sure the flow of manufacturing costs during the current year through the ledger accounts of Attrex Corporation Materials Inventory Work in Process Inventory Bog, balance $ 16,000 Beg, balance $ 21,000 355.000 ? Ending balance $ 13,000 210.000 390,000 Ending balance $ 25.000 Direct Labor Finished Goods Inventory $106.000 $216.000 Beg, balance $210.000 Ending balance $ 14,000 Ending balance $110.000 Cost of Goods Sold Manufacturing Overhead $390.000 $300,000 Instructions From the data supplied above, indicate the following amounts. Some amounts are shown in the Taccounts, others require short computations. (Show computations) a. Purchases of direct materials during the year. b. The cost of direct materials used c Direct labor payrolls paid during the year d. Direct labor costs assigned to production Total manufacturing costs charged to the Work in proces iventory account during they 1. The cost of finished goods manufactured The cost of coods sold The total costs to be classified inventory as they endance sheet
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