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Kay Manufacturing reported thefollowing$450,000RevenueBleginning inventory of direct materials, January20,0001,2015Purchases of direct156,000materialsEnding inventory of direct materials,18,000December...

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Accounting

Kay Manufacturing reported thefollowing$450,000RevenueBleginning inventory of direct materials, January20,0001,2015Purchases of direct156,000materialsEnding inventory of direct materials,18,000December 31,2015Direct manufacturing21,000laborIndirect manufacturing42,000costsBeginning inventory of finished goods, January40,0001,2015Cost of goods114,000manufacturedEnding inventory of finished goods,45,000150,000December 31,2015Operating costsTotal manufacturing costs for December are : a. $118,000 b.- $221,000

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