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Homework: Chapter 2 Homework (required) Score: 0.29 of 1 pt 4 of 74 complete E2-26A (similar to) Compute the cost of Goods Marufactured and cost of Goods Sold for Strike Marine Company for the most recent year using the amounta desorted rest. Asume that Raw Materials invertory contain only direct materiale (Click the icon to view the data) HW Score: 47 QU Start the calculation for cont of goods manufactured by calculating the direct materials used Strike Marine Company Calculation of Direct Materials Used For Current Year Beginning raw materials inventory 29,000 Plus Purchases of direct materials 72,000 Materials available for use 101,000 Less Ending raw materials inventory 33,000 68,000 Direct materials used Calculate the cost of goods manufactured Strike Marine Company Calculation of Cost of Goods Manufactured For Current Year Beginning work in process inventory 38000 Plus Manufacturing costs incurred Direct materials used Direct labor 81000 Manufacturing overhead Less Choose from any list of enter any number in the input fields and then click Check Answer Chec CAI part remaning MacBook Air pany erials Used 1 Data Table X Beginning End of End of of Year Year Year $ 7,000 29,000 $ 38,000 $ $ 12,700 Raw materials inventory Work in process inventory Finished goods inventory Purchases of direct materials Direct labor 17,000 $ 33,000 Insurance on plant 37,000 Depreciation-plant building and equipment 22,000 Repairs and maintenance-plant 72,000 Marketing expenses 81,000 General and administrative expenses $ 4,100 $ 80,000 $ $ 28,500 $ $ 41,000 Indirect labor Print Done nput fields and then click Check

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