Question: Assuming that the direct materials used 1,100,000, compute the total manufactoring cost using the following information. Raw Materials inventrory january 1 $20,000 Raw Materials inventory

Assuming that the direct materials used 1,100,000, compute the total manufactoring cost using the following information.

Raw Materials inventrory january 1 $20,000

Raw Materials inventory Decmber 31 $40,000

WIP January 1 $22,000

WIP December 31 $28,000

Finished Goods Jan 1 $42,000

Finished Goods Dec 31 $30,000

Raw Materials Purchased $1,200,000

direct labor $560,000

Factory utilities $160,000

indirect labor $90,000

Factory depreciatiom $ 400,000

Operationg Expense $420,000

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