The controller at Emporia Precision Parts asks for your help in sorting out some cost information. She is called to a meeting, but hands you the following information for June:
|
Prime costs, June
|
$147,000
|
|
Total manufacturing costs, June
|
267,000
|
|
Cost of goods manufactured, June
|
270,000
|
|
Cost of goods sold, June
|
212,000
|
|
Direct material inventory, June 30
|
15,000
|
|
Work-in-process inventory, June 1
|
9,000
|
|
Finished goods inventory, June 30
|
72,000
|
|
Direct materials purchased, June.
|
84,000
|
|
Direct labor costs, June
|
60,000
|
Required
Compute for the month of June:
a. Direct materials used, June.
b. Direct material inventory, June 1.
c. Conversion costs, June.
d. Work-in-process inventory, June 30.
e. Manufacturing overhead, June.
f. Finished goods inventory, June