Question: Please show calculation for answer for better understanding What is the total opening DM inventory? * You have been asked to sort through the costs

 Please show calculation for answer for better understanding What is the

Please show calculation for answer for better understanding What is the total opening DM inventory? * You have been asked to sort through the costs provided by the accounting clerk to determine the COGS for the period Looking at the list, you can see that direct labour has not yet been calculated and that a lot of the costs are not relevant Cost per labour hour 650 Direct labour hours 700 Sales 450 Paint used on the product 900 Factory utilities 700 Factory repairs 600 Office Window upgrades 500 Amortization, conveyer belt 400 Indirect materials 200 Indirect labour 300 Sale Commissions 900 Heating cost at the head office 250 By-product sales 350 Direct material purchases 1,100 Promotional items SSO Electricity used at the head office 1,400 Materials inventory, July 1, 19 500 Work-in-Process Inventory, July 1, 19 600 Finished Goods Inventory, July 1, 19 1.200 Materials Inventory, June 30, 20 1,300 Work-in-Process Inventory, June 30, 20 1,100 Finished Goods Inventory, June 30, 20 300 What is the total opening DM INVENTORY? - 1 What is the total DM available for sale? - 2 What is the total DL?-3 What is the total cost of materials used? - 4 What is the total COGM? - 5 What is the total COGS? - 6 ***ALL above questions from the same data

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