Question: please answer all 4 Moving to another question will save this response Qon 2 of 3 tion 2 17.5 points Save A Wally Widgets Company

please answer all
please answer all 4 Moving to another question will save this response
Qon 2 of 3 tion 2 17.5 points Save A Wally Widgets
Company is a manufacturer of innovative technological personal products. The Vice President

4 Moving to another question will save this response Qon 2 of 3 tion 2 17.5 points Save A Wally Widgets Company is a manufacturer of innovative technological personal products. The Vice President of Manufacturing, Wilma Wally, has requested financial data including a Schedule of Cost of Goods Mactured da Schedule of Cost of Goods Sold. She wants to know how the manufacturing operations are impacting the companies financial statements. ou have collected the following information related to the most recent operating cycle. December 31, 2019 December 31 You have collected the following information related to the most recent operating cycle. Raw Materials Inventory Work In Process Inventory Finished Goods Inventory December 31, 2019 $ 84,500 6,950 65,000 December 31, 2020 $ 88,400 5,700 78,700 Direct Labor Direct Materials Purchases Indirect Labor Indirect Materials Accounts Receivable Factory Insurance Factory Machinery Depreciation Factory Utilities Office Utilities Expense Sales Revenue Plant Manager's Salary Rent on Office Equipment Factory Property Taxes Factory Repair Cash Sales Commissions Office Supplies Cost Inourred during 2020 $ 165,000 197,600 15,400 7,800 72,000 4,700 10,700 21,900 26,000 574,500 45,000 15,700 9,600 4,100 49,200 114,900 2,400 The company applies overhead using direct labor hours. For the current year, estimated direct labor hours are 9,500 and estimated factory overhead is $61,750. What is amount of Direct Materials Used? Sales Commissions Office Supplies 114,000 2,400 The company applion overhead using direct lobor hours. For the current year, ontimated direct labor hours are 9,500 and estimated factory overhead is 801,760, What is amount of Direct Materials Used? What is the total Manufacturing Overhead? What is the Total Manufacturing Cost? What is the Cost of Goods Manufactured? What is the Cost of Goods Sold? What is the Gross Margin reported on the Income Statement? What is the total Inventory reported on the Balance Sheet

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