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Assume the following information pertaining to Moonbeam Company: ...

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Question

Accounting

Assume the following information pertaining to Moonbeam Company:

Beginning

Ending

Finished good inventory

$130,100

$122,100

Work in process inventory

$82,100

$101,700

Direct materials

$115,200

$127,800

Costs incurred during the period are as follows:

Total manufacturing costs

$881,900

Factory overhead

$194,800

Direct materials used

$154,100

Materials purchases are calculated to be:

$881,900

$281,900

$862,300

$154,100

$166,700

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