Response to the following problem:
Flow of lnventoriable Costs Hofstra Plastics' selected data for August 2008 is presented here (in millions):
Direct materials inventory 8/1/2008 $90
Direct materials purchased 360
Direct materials used 375
Total manufacturing overhead costs 480
Variable manufacturing overhead costs 250
Total manufacturing costs incurred during August 2008 1,600
Work-in-process inventory 8/1/2008 200
Cost of goods manufactured 1,650
Finished goods inventory8/1/2008 125
Cost of goods sold 1,700
Calculate the following costs:
1. Direct materials inventory 8/31/2008
2. Fixed manufacturing overhead costs for August
3. Direct manufacturing labor costs for August
4. Work-in-process inventory 8/31/2008
5. Cost of goods available for sale in August
6. Finished goods inventory8/31/2008 .