Direct Materials Used, Cost of Goods Manufactured In September, Lauren Ashley Company purchased materials costing $210,000...

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Direct Materials Used, Cost of Goods Manufactured In September, Lauren Ashley Company purchased materials costing $210,000 and incurred direct labor cost of $140,000. Overhead totaled $320,000 for the month. Information on inventories was as follows: September 1 September 30 Materials $130,000 $140,000 Work in process $70,000 $70,000 Finished goods $75,000 $70,000 Required: 1. What was the cost of direct materials used in September ? X 2. What was the total manufacturing cost in September ? x 3. What was the cost of goods manufactured for September? x Direct Materials Used, Cost of Goods Manufactured In September, Lauren Ashley Company purchased materials costing $210,000 and incurred direct labor cost of $140,000. Overhead totaled $320,000 for the month. Information on inventories was as follows: September 1 September 30 Materials $130,000 $140,000 Work in process $70,000 $70,000 Finished goods $75,000 $70,000 Required: 1. What was the cost of direct materials used in September ? X 2. What was the total manufacturing cost in September ? x 3. What was the cost of goods manufactured for September? x

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