Answer:
(a) $921,100
(b) $643,500
(c) $567,700
Explanation:
(a) Cost of goods sold:
= Sales - Gross profit
= $1,261,800 - $340,700
= $921,100
(b) Direct Material Cost:
= Materials purchased - Indirect materials - Materials inventory
= $643,500 - $46,700 - $46,700
= $643,500
(c) Direct labor cost:
= Total manufacturing costs for the period - Direct materials - factory overhead (Indirect labor + Indirect materials + Other factory overhead)
= $1,393,000 - $643,500 - $181,800
= $567,700
Hello there I hope you are having a great day :)
Your question, Complete the factorization to express these numbers as product of ONLY prime numbers:
45 = 5 and 9 and 3 and 3
24 = 3 and 8 and 2 and 4 and 2 and 2
36 = 2 and 18 and 3 and 6 and 3 and 2
40 = 5 and 8 and 4 and 2 and 2 and 2 and 2
Hopefully that helps you :)