| Raw Materials |
| Beginning Balance |
|
$11,000 |
|
|
|
|
|
|
????? |
|
|
|
|
|
|
|
|
$70,000 |
|
|
| Ending Balance |
|
$13,000 |
|
|
|
|
| Work in Process |
| Beginning Balance |
|
$16,000 |
|
|
|
|
| Direct Material |
|
????? |
|
|
|
|
| Direct Labor |
|
48,000 |
|
|
|
|
| Overhead |
|
73,000 |
|
|
|
|
|
|
|
|
$????? |
|
|
| Ending Balance |
|
$23,000 |
|
|
|
|
| Finished Goods |
| Beginning Balance |
|
$26,000 |
|
|
|
|
|
|
????? |
|
|
|
|
|
|
|
|
$????? |
|
|
| Ending Balance |
|
$18,000 |
|
|
|
|
(a) Calculate the amount of raw materials purchased during the period.
| Raw materials purchased |
|
$ |
(b) Calculate the direct materials used in production during the period.
| Direct materials used in production |
|
$ |
(c) Calculate the total manufacturing cost for the period.
| Total manufacturing cost |
|
$ |
(d) Calculate the cost of goods manufactured for the period.
| Cost of goods manufactured |
|
$ |
(e) Calculate the cost of goods sold for the period.