Sterling Company manufactures laundry detergent. At the beginning of February, the following information was supplied by...

  

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Sterling Company manufactures laundry detergent. At the beginning of February, the following information was supplied by its accountant: Raw materials inventory Work-in-process inventory Finished goods inventory $73,000 80,400 62,000 During February, direct labor cost was $210,400, raw materials' purchases were $301,800, and the total overhead cost was $478,590. The inventories at the end of February were Raw materials inventory Work-in-process inventory Finished goods inventory $ 56,000 103,000 95,240 Required: 1) How much is the direct material used? 2) How 3) How much is the cost of goods manufactured? much is the cost of goods sold? Sterling Company manufactures laundry detergent. At the beginning of February, the following information was supplied by its accountant: Raw materials inventory Work-in-process inventory Finished goods inventory $73,000 80,400 62,000 During February, direct labor cost was $210,400, raw materials' purchases were $301,800, and the total overhead cost was $478,590. The inventories at the end of February were Raw materials inventory Work-in-process inventory Finished goods inventory $ 56,000 103,000 95,240 Required: 1) How much is the direct material used? 2) How 3) How much is the cost of goods manufactured? much is the cost of goods sold?

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