Selected data concerning operations of Cascade Manaufacturing company for the past fiscal year follow:
- Raw materials used.....300,000
- Total manufacturing cost charged to production during the year (includes raw materials, direct labor, and manufacturing overhead applied at 60 percent of direct labor cost).......681,000
- Cost of goods available for sale......826,000
- Selling and general expenses.....30,000
Inventories
- Raw materials begining... $70,000 ending $80,000
- Work-in-process...begining 85,000 ending 30000
- finished goods... begining 90000 ending 110000
Determin each of the following:
a)Cost of raw materials purchaed
b)direct labor cost charged to production
c)cost of goods manufactured
d) cost of goods sold