Business, 19.03.2021 03:50, hardwick744

DS-99450 company provided the following data for the end of the year (all raw materials are used in production as direct materials): Selling expenses $ 203,000 Purchases of raw materials $ 241,000 Direct labor $ 20,000 Administrative expenses $ 145,000 Manufacturing overhead applied to work in process $ 357,000 Actual manufacturing overhead cost $ 326,000 Inventory balances at the beginning and end of the year were as follows: Beginning of Year End of Year Raw materials $ 60,000 $ 38,000 Work in process $ 25,000 $ 33,000 Finished goods $ ? $ 44,000 For the year, the cost of goods available for sale was $702,000 and the net operating income as reported in its income statement income was $52,000. The DS-99450 company’s underapplied or overapplied overhead was closed to Cost of Goods Sold. How much was the DS-99450 company's sales revenue for the year?

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DS-99450 company provided the following data for the end of the year (all raw materials are used in...