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LaToya Creations employs a normal costing system. The following information pertains to the year just...

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Accounting

LaToya Creations employs a normal costing system. The following information pertains to the year just ended.
Total manufacturing costs were $1,370,000.
Cost of goods manufactured was $1,338,500.
Applied manufacturing overhead was 20 percent of total manufacturing costs.
Manufacturing overhead was applied to production at a rate of 80 percent of direct-labor cost.
Work-in-process inventory on January 1 was 75 percent of work-in-process inventory on December 31.
2. Calculate the total cost of direct material used during the year.

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