A manufacturer of art and craft items Sales $1,388,900 Gross profit 375,000 Indirect labor

profileTime
 (Not rated)
 (Not rated)
Chat

The following information is available for the first month of operations of Url Inc., a manufacturer of art and craft items:

 

 

Sales $1,388,900

Gross profit 375,000

Indirect labor 125,000

Indirect materials 51,400

Other factory overhead 23,600

Materials purchased 708,300

Total manufacturing costs for the period 1,533,300

Materials inventory, end of period 51,400

 

 

Using the above information, determine the following missing amounts:

 

a. Cost of goods sold $(NNN) NNN-NNNN

b. Direct materials cost $

 

c. Direct labor cost $

    • 11 years ago
    Complete answer attached (excel format)
    NOT RATED

    Purchase the answer to view it

    blurred-text
    • attachment
      excel.xlsx