Tableau DA 2-2: Exercise, Computing cost of goods sold LO P1, P2, P3 As consultants, we are hired to help the company track and report costs The following Tableau Dashboard is provided to assist us in our analysis Inventories Raw Materials Work in Process Finished Goods 521,000 $18,000 $15.000 $12.000 ul. 59,000 56,000 $3,000 so November 30 December 31 November 10 December 31 November 30 December 31 Factory Overhead for Sales, Materials, and Payroll for December December Indirect materials Indirect labor Factory payroll Raw materials purchases Total Overhead $42,000 3 es Salos Other overhead costs Predetermined Overhead Rate Predetermined overhead rate based on direct labor cost 70% +obleau 1. Compute cost of direct labor used 2. Compute cost of direct materials used 3. Compute cost of goods manufactured 4. Compute cost of goods sold Sales Other overhead costs Predetermined Overhead Rate Predetermined overhead rate based on direct labor cost tableau 7096 1. Compute cost of direct labor used 2. Compute cost of direct materials used. 3. Compute cost of goods manufactured 4. Compute cost of goods sold. (Do not consider any underapplied or overapplied overhead) ces 1. Cost of direct labor used 2. Cost of direct materials used 3. Cost of goods manufactured 4. Cost of goods sold