The following accounts are from last year's books of Sharp Manufacturing: Raw Materials Debit 20 Balance...

Transcribed Image Text:

The following accounts are from last year's books of Sharp Manufacturing: Raw Materials Debit 20 Balance (a) Debit Balance (b) (c) (e) Debit Balance (f) 172,500 15,100 Credit (b) 157,400 Work In Process Credit (f) 523,600 133,700 171,400 218,500 0 Finished Goods 0 (g) 523,600 46,600 Manufacturing Overhead Debit (b) 23,700 (e) (c) 27,700 (d) 159,400 Credit 477,000 Credit 218,500 7,700 Cost of Goods Sold Debit Credit (g) 477,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year? The following accounts are from last year's books of Sharp Manufacturing: Raw Materials Debit 20 Balance (a) Debit Balance (b) (c) (e) Debit Balance (f) 172,500 15,100 Credit (b) 157,400 Work In Process Credit (f) 523,600 133,700 171,400 218,500 0 Finished Goods 0 (g) 523,600 46,600 Manufacturing Overhead Debit (b) 23,700 (e) (c) 27,700 (d) 159,400 Credit 477,000 Credit 218,500 7,700 Cost of Goods Sold Debit Credit (g) 477,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year?