Question: Selected data for October 2020 are presented here (in millions) for ABC Ind. Direct materials inventory 10/1/2020 $ 1.050 Direct materials purchased 3,650 Direct materials
Selected data for October 2020 are presented here (in millions) for ABC Ind. Direct materials inventory 10/1/2020 $ 1.050 Direct materials purchased 3,650 Direct materials used 3.850 Total manufacturing overhead costs 4,500 Variable manufacturing overhead costs 2,650 Total manufacturing costs incurred during October 2020 16,100 Work-in-process inventory 10/1/2020 2,300 Cost of goods manufactured 16,600 Finished goods inventory 10/1/2020 1,300 Cost of goods sold 17,700 Calculate the Direct manufacturing labor costs and the Work-in-process inventory on 10/31/2020 $7,750 and $1,800 0 0 0 0 $1800 and $7,500 $2,445 and $3,500 $775 and $3,600 tu....bi RAREA
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