Direct Materials Used, Cost of Goods Manufactured In September, Lauren Ashley Company purchased materials costing...
70.2K
Verified Solution
Question
Accounting
Direct Materials Used, Cost of Goods Manufactured In September, Lauren Ashley Company purchased materials costing $210,000 and incurred direct labor cost of $120,000. Overhead totaled $320,000 for the month. Information on inventories was as follows: September 1 September 30 Materials $140,000 $60,000 $80,000 $120,000 $80,000 $60,000 Work in process Finished goods Required: 1. What was the cost of direct materials used in September? $ 2. What was the total manufacturing cost in September? 3. What was the cost of goods manufactured for September ?
Direct Materials Used, Cost of Goods Manufactured In September, Lauren Ashley Company purchased materials costing $210,000 and incurred direct labor cost of $120,000. Overhead totaled $320,000 for the month. Information on inventories was as follows: September 1 September 30 Materials $140,000 $60,000 $80,000 $120,000 $80,000 $60,000 Work in process Finished goods Required: 1. What was the cost of direct materials used in September? $ 2. What was the total manufacturing cost in September? 3. What was the cost of goods manufactured for September ?

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.