Calculating economic value added east mullett manufacturing earned operating income last year as shown in the following income statement: sales $630,000 cost of goods sold 380,000 gross margin $250,000 selling and administrative expense 174,400 operating income $ 75,600 less: income taxes (@ 40%) 30,240 net income $ 45,360 total capital employed equaled $380,000. east mullett's actual cost of capital is 8 percent. required: calculate the eva for east mullett manufacturing. $

Rediger inc., a manufacturing corporation, has provided the following data for the month of june. the balance in the work in process inventory account was $28,000 at the beginning of the month and $20,000 at the end of the month. during the month, the corporation incurred direct materials cost of $56,200 and direct labor cost of $29,800. the actual manufacturing overhead cost incurred was $53,600. the manufacturing overhead cost applied to work in process was $52,200. the cost of goods manufactured for june was: