Paul & Paul, Incorporated is a manufacturing firm. They following selected pieces of information are from...

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Paul & Paul, Incorporated is a manufacturing firm. They following selected pieces of information are from July operations: Average selling price per unit Cost of goods sold Decrease in direct materials inventory Direct labor Gross margin percentage (based on sales) Increase in finished goods inventory Manufacturing overhead Total manufacturing costs Required: a. Find the cost of goods manufactured. b. Find the direct materials used. c. Find the direct materials purchases. d. Find the units sold. $ 64 $ 3,395,616 $ 1,512 $ 950,900 30% $ 57,665 $ 792,000 $ 3,455,536 Note: Do not round intermediate calculations. Round your answer to the nearest whole number. e. Find the increase (decrease) in work-in-process inventory. a. Cost of goods manufactured b. Direct materials used C. Materials purchased d. Units sold e. Paul & Paul, Incorporated is a manufacturing firm. They following selected pieces of information are from July operations: Average selling price per unit Cost of goods sold Decrease in direct materials inventory Direct labor Gross margin percentage (based on sales) Increase in finished goods inventory Manufacturing overhead Total manufacturing costs Required: a. Find the cost of goods manufactured. b. Find the direct materials used. c. Find the direct materials purchases. d. Find the units sold. $ 64 $ 3,395,616 $ 1,512 $ 950,900 30% $ 57,665 $ 792,000 $ 3,455,536 Note: Do not round intermediate calculations. Round your answer to the nearest whole number. e. Find the increase (decrease) in work-in-process inventory. a. Cost of goods manufactured b. Direct materials used C. Materials purchased d. Units sold e.

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a Cost of goods manufactured Cost of goods manufactured can be calculated using the formula textCost ... View the full answer