The following costs and inventory data were taken from the accounts of Simon Company for...
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Accounting
The following costs and inventory data were taken from the accounts of Simon Company for 2019: January 1, 2019 December 31, 2019 $ 8,000 15,000 16,000 $ 7,000 13,000 12.000 Inventories: Raw materials Work in process Finished goods Costs incurred: Raw materials purchases Direct labor Factory rent Factory utilities Indirect materials Indirect labor Operating expenses $ 98,000 42,000 8,000 10,000 6,000 9,000 17.000 Prepare a schedule showing the amount of direct materials used in production during the year. 8.000 Raw Materials twentory. Beginning Raw Materials Purchases 98.000 Raw Materials Available for Use 10.000 Less to Raw Materials twentory Ending 7000 Direct Materials Used 99.000 Attempts: 1 of 1 used (6) Compute the amount of manufacturing overhead incurred during the year. $ Total manufacturing overhead
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