Question: Materials Work in Process Finished Goods Beginning Inventory Ending Inventory $32.000 $68.000 5122 000 505.000 574,000 $10.000 Raw material purchased for the yout Direct labor
Materials Work in Process Finished Goods Beginning Inventory Ending Inventory $32.000 $68.000 5122 000 505.000 574,000 $10.000 Raw material purchased for the yout Direct labor $390,000 $410 000 Manufacturing Overhead Estimated to manufacturing overhead for the year Estimated total director hours Actual manufacturing overhead Actual total direct labor hours $500,000 20,000 5503,000 22000 A Calculate the materials used in production B. Calculate the predetermined overhead tate C Calculate the total manufacturing costs for the year assuming that all raw materials used are direct materials D Calculate cost of goods manufactured for the year E Calculate the unadjusted cost of goods sold for the year ignore any overlunderapplied MOH)
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