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1. Refer to Jordan Company. The cost of raw material purchased during the 1 point year was * Jordan Company The following information has been taken from the cost records of Jordan Company for the past year: Raw material used in production 532 5 Total manufachuing costs charged to production during the year (includes direct 636 material, direct labor, and overhead equal to 60% of direct labor cost) Cost of goods available for sale 326 Selling and Administrative expenses 25 Inventories m Ending Raw Material $7 5 $ 8 5 Work in Process 8 0 3 0 Finished Goods 90 1 1 0 2. Refer to Jordan Company. Direct labor cost charged to production 1 point during the year was * Jordan Company The following information has been taken from the cost records of Jordan Company for the past year: Raw material used in production 3326 Total manufacturing costs charged to production during the year (includes direct 535 material, direct labor, and overhead equal to 60% of direct labor cost) Cost of goods available for sale 826 Selling and Administrative expenses 25 Inventories m Ending Raw Material $7 5 $ 8 5 Work in Process 8 0 3 0 Finished Goods 90 11 O 3. Refer to Jordan Company. Cost of Goods Manufactured was * Jordan Company 'I point The following information has been taken from the cost records of Jordan Company for the past year: Raw material used in production $32 6 Total manufacturing costs charged to production during the year (includes direct 68 5 material, direct labor, and overhead equal to 60% of direct labor cost) 3 2 6 Cost of goods available for sale Selling and Administrative expenses Inventories Ema E_ngndi Raw Material 5 7 5 $ 8 5 Work in Process 8 0 30 Finished Goods 90 11 0 4. Refer to Jordan Company. Cost of Goods Sold was * Jordan Company 1 point The following information has been taken from the cost records of Jordan Company for the past year: Raw material used in production $32 6 Total manufacturing costs charged to production during the year (includes direct 53 5 material, direct labor, and overhead equal to 60% of direct labor cost) Cost of goods available for sale 82 6 25 Selling and Administrative expenses Inventories 13m E______ggndi Raw Material 5 7 5 S 8 5 Work in Process 8 0 30 Finished Goods 90 1 10 Horne!- Corporation 5. Refer to Homer Corporation. The cost of raw material purchased during the year was * The following information has been taken from the cost records of Homer Corporation for the past year: Raw material used in production 5336 Total manufacturing costs charged to production during the year (includes direct 711 material, direct labor, and overhead equal to 50% of direct labor cost) Cost of goods available for sale 351 Selling and Administrative expenses 35 Inventories Beginning Endi 3 Raw Material $80 $ 90 Work in Process 3 5 2 5 Finished Goods 80 1 05 O a. $326 0 b. $346 0 c. 3375 Q d. $426 6. Refer to Homer Company. Direct labor cost charged to production during the year was * Hauler Corporation The following information has been taken from the cost records of Homer Corporation for the past year: Raw material used in production 3336 Total manufacturing costs charged to production during the year (includes direct 711 material, direct labor, and overhead equal to 50% of direct labor cost) Cost of goods available for sale 851 Selling and Administrative expenses Inventories Beginning Ending Raw Material 580 $ 90 Work in Process 8 5 2 5 Finished Goods 3 0 1 0 5 'I point 1 point 7. Refer to Homer Company. Cost of Goods Manufactured was * 1 point Burner Corporation The following information has been taken from the cost records of Homer Corporation for the past year: Raw material used in production 5 3 3 6 Total manufacturing costs charged to production during the year (includes direct 7 11 material, direct labor, and overhead equal to 50% of direct labor cost) Cost of goods available for sale 3 51 Selling and Administrative expenses 35 Inventories Beginning Endi 3 Raw Material 580 5 90 Work in Process 8 5 2 5 Finished Goods 3 0 1 05 8. Refer to Homer Company. Cost of Goods Sold was * 1 point Hornet Corporation The following information has been taken from the cost records of Homer Corporation for the past year: Raw material used in production 5 3 3 6 Total manufacturing costs charged to production during the year (includes direct 7 11 material, direct labor, and overhead equal to 50% of direct labor cost) Cost of goods available for sale 3 51 Selling and Administrative expenses 35 Inventories Beginning Ending Raw Material 580 5 90 Work in Process 8 5 2 5 Finished Goods 8 0 1 0 5