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ThefollowingcostswereincurredbytheAwesomeCompany

ThefollowingcostswereincurredbytheAwesomeCompany



1.	ThefollowingcostswereincurredbytheAwesomeCompany:

Directlabor	$600,000
Directmaterialpurchases	555,000
Depreciationonplant	30,000
Factorysupervisor'ssalary	75,000
Plantmaintenance	15,000
Plantutilities	27,000
Sales	1,950,000
Sellingandadministrativeexpenses	300,000
Beginningdirectmaterialsinventory	51,000
Beginningwork-in-processinventory	24,000
Beginningfinishedgoodsinventory	54,000
Endingdirectmaterialsinventory	45,000
Endingworkinprocess	39,000
Endingfinishedgoods	72,000
Required:

Calculatethefollowingvalues:	
a.	Directmaterialsused
b.	Costofgoodsmanufactured
c.	Costofgoodssold
d.	Operatingincome




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27 May 2016

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    ThefollowingcostswereincurredbytheAwesomeCompany

    ThefollowingcostswereincurredbytheAwesomeCompanyThefollow ****** ******
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