Business
Business, 02.09.2021 21:00, corbinfisher

The following information is available for the first year of operations of Creston Inc., a manufacturer of fabricating equipment: Sales $1,337,800
Gross profit 361,200
Indirect labor 120,400
Indirect materials 49,500
Other factory overhead 22,700
Materials purchased 682,300
Total manufacturing costs for the period 1,476,900
Materials inventory, end of period 49,500

Using the above information, determine the following amounts:

a. Cost of goods sold
b. Direct materials cost
c. Direct labor cost

answer
Answers: 3

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The following information is available for the first year of operations of Creston Inc., a manufactu...

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