Goods Beg. 120,000 960,000 End 200,000 The selected ledger accounts of Luca Corp. for the year...

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Goods Beg. 120,000 960,000 End 200,000 The selected ledger accounts of Luca Corp. for the year ended are as follows: 1,840,000 REQUIRED: Materials Factory Overhead Beg DM ? DL FOH Applied1,920,000 End 160,000 3,760,000 720,000 1,200,000 Work in Process ?? Wages Payable 1,480,000 72,000 1,440,000 32,000 1. What was the cost of the raw materials requisition? 2. How much of the requisition material are indirect materials? Beg 320,000 ? End ? Finished 480,000 COGS Goods Beg. 120,000 960,000 End 200,000 The selected ledger accounts of Luca Corp. for the year ended are as follows: 1,840,000 REQUIRED: Materials Factory Overhead Beg DM ? DL FOH Applied1,920,000 End 160,000 3,760,000 720,000 1,200,000 Work in Process ?? Wages Payable 1,480,000 72,000 1,440,000 32,000 1. What was the cost of the raw materials requisition? 2. How much of the requisition material are indirect materials? Beg 320,000 ? End ? Finished 480,000 COGS

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1 Cost of raw materials requisition was 880000 Beginning inventory of raw materials 120000 ... View the full answer