Question: The controller at Lawrence Components asks for your help in sorting out some cost information She is called to a meeting, but hands you the
The controller at Lawrence Components asks for your help in sorting out some cost information She is called to a meeting, but hands you the following information for April Prine coats, April Total manufacturing costs, April Cost of goods manufactured, April Cost of goods sold, April Direct materials inventory, April 30 work-in-process inventory, April 1 Finished goods inventory, April 30 Direct materials purchased, April Direct labor COBE, April $ 255,000 276,000 266,000 222,000 15,600 9,000 72,000 83,000 59,000 Required: a. Compute the direct material used for the month of April, b. Compute the direct material inventory as of April 1. c. Compute the conversion cost for the month of April d. Compute the work in process inventory as of April 30 e. Compute the manufacturing overhead for the month of April 1. Compute the finished goods inventory as of April 1 Answer is not complete. 5 96,000 28,600 5 C d. Direct material used Direct matanals inventory Conversion cost Work in process inventory Manufacturing overhead Finished goods iventory
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