Question: Sales ( recieved in cash ) :$ 2 0 0 , 0 0 0 for december Raw materials purchases ( paid with cash ) :

Sales(recieved in cash):$200,000 for december
Raw materials purchases (paid with cash): $40,000 for december
Factory payroll(paid with cash): $57,000 for december
Indirect labor: $7,000 for december
Other overhead: $42,000 for december
Indirect materials: $5,000 for december
Raw materials for december -12000
Work in process for december-20,000
Finished goods for december 10,000
November raw materials 10,000
November work in process-15,000
November finished good-7,500
Predetermined overhead rate based on direct labor cost: 70%
Compute cost of direct labor used.
Compute cost of direct materials used.
Compute cost of goods manufactured.
Compute cost of goods sold. (Do not consider any underapplied or overapplied overhead.)
\table[[1.,Cost of direct labor used,],[2.,Cost of direct materials used,],[3.,Cost of goods manufactured,],[4.,Cost of goods sold,]]
 Sales(recieved in cash):$200,000 for december Raw materials purchases (paid with cash):

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