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Accounting
Please fill in all blanks and explain them as much as possible, please don't send incomplete answers, Thank You!
The following information applies to the questions displayed below Selected data concerning the past year's operations of the Ozarks Manufacturing Company are as follows: Inventories Raw material Work In process Finished goods $51000 $81,000 80,000 30,000 90,000 100,000 Other data: $318,000 Direct material used Total manufacturing costs charged to production during the year (Includes direct material, direct labor and manufacturing overhead applied at a rate of 60% of direct- abor cost Cost of goods available for sale Selling and administrative expenses 686,000 826,000 31,000 References Section Break Exercise 3-32 Basic Manufacturing Cost Flows (LO 2, 6) value: 0.62 points Exercise 3-32 Part 1 Required 1. What was the cost of raw materials purchased during the year? (Omit the "$" sign in your response.) Cost of raw materials purchased
Please fill in all blanks and explain them as much as possible, please don't send incomplete answers, Thank You!


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