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Accounting

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B. $4,425,000 SHOW ME HOW EX 2-2 Cost flow relationships Obj. 2 The following information is available for the first year of operations of Engle Inc., a manu- facturer of fabricating equipment: Sales $7,270,000 Gross profit 1,450,000 Indirect labor 330,000 Indirect materials 195,000 Other factory overhead 90,000 Materials purchased 5,100,000 Total manufacturing costs for the period 6,170,000 Materials inventory, end of period 480,000 Determine the following amounts: A. Cost of goods sold B. Direct materials cost C. Direct labor cost

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