Assignment 6: [1] Calculate direct material used: (please see chapter 18 from ppt slides 33- 35 as reference). Assuming a company has beginning direct material is $20,000; freight in $10,000 and ending material $8,000. 2] Calculate total manufacturing cost incurred during the year: Assuming a direct labor $ 75,000 Manufacturing overhead $ 40,000 Utilities $ 8,000 Depreciation Expenses $ 1,500 Insurance and property $ 2,400 Direct Material $90,000 Direct Labor $50,000 3] Calculate cost of goods manufactured Assuming a company for work-in-process $ 35,000 Ending Work-in-process $ 18,000 ----------------------------------- 4] Creating the statement with your calculation on Step 1 through step 3. Assignment 6: [1] Calculate direct material used: (please see chapter 18 from ppt slides 33- 35 as reference). Assuming a company has beginning direct material is $20,000; freight in $10,000 and ending material $8,000. 2] Calculate total manufacturing cost incurred during the year: Assuming a direct labor $ 75,000 Manufacturing overhead $ 40,000 Utilities $ 8,000 Depreciation Expenses $ 1,500 Insurance and property $ 2,400 Direct Material $90,000 Direct Labor $50,000 3] Calculate cost of goods manufactured Assuming a company for work-in-process $ 35,000 Ending Work-in-process $ 18,000 ----------------------------------- 4] Creating the statement with your calculation on Step 1 through step 3