Business, 10.04.2020 00:26 alexcuevaz90

The following information is available for the first year of operations of Creston Inc., a manufacturer of fabricating equipment:

Sales $12,375,000
Gross profit 5,200,000
Indirect labor 410,000
Indirect materials 180,000
Other factory overhead 810,000
Materials purchased 4,125,000
Total manufacturing costs for the period 7,880,000
Materials inventory, end of period 290,000
Using this information, determine the following amounts:

a. Cost of goods sold $
7,175,000
b. Direct materials cost $
395,000
c. Direct labor cost $

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The following information is available for the first year of operations of Creston Inc., a manufactu...

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