Cost Flow Relationships The following information is available for the first month of operations of...
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Cost Flow Relationships The following information is available for the first month of operations of Bahadir Company man facturer of mechanical pencils: a $406,420 Sales Gross profit 236,940 Cost of goods 203,210 manufactured Indirect labor 88,190 Factory depreciation 13,410 Materials purchased 125,180 Total manufacturing costs 233,690 for the period Materials inventory, ending 16,660 Using the above information, determine the following missing amounts: a. Cost of goods sold b. Finished goods inventory at the end of $ the month c. Direct materials cost d. Direct labor cost e. Work in process inventory at the end of the month
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