Question: Hofstra Plastics' selected data for August 2020 are presented here (in millions) Directmaterialsinventory,August1,2020DirectmaterialspurchasedDirectmaterialsusedTotalmanufacturingoverheadcostsVariablemanufacturingoverheadcostsTotalmanufacturingcostsincurredduringAugust2020Work-in-processinventory,August1,2020CostofgoodsmanufacturedFinishedgoodsinventory,August1,2020Costofgoodssold$1053503754902651,6002201,6501351,700 Calculate the following costs: 1. Direct materials inventory, August 31, 2020 2.

Hofstra Plastics' selected data for August 2020 are presented here (in millions)

Directmaterialsinventory,August1,2020DirectmaterialspurchasedDirectmaterialsusedTotalmanufacturingoverheadcostsVariablemanufacturingoverheadcostsTotalmanufacturingcostsincurredduringAugust2020Work-in-processinventory,August1,2020CostofgoodsmanufacturedFinishedgoodsinventory,August1,2020Costofgoodssold$1053503754902651,6002201,6501351,700 Calculate the following costs: 1. Direct materials inventory, August 31, 2020 2. Fixed manufacturing overhead costs for August 2020 3. Direct manufacturing labor costs for August 2020 4. Work-in-process inventory, August 31, 2020 5. Cost of finished goods available for sale in August 2020 6. Finished goods inventory, August 31, 2020

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