Questions: Problems: Solution:

ITEMS 1-3
1A 1D Direct materials used
2C 2B Materials inventory, march 1
3C 3D Add: Direct Purchased
4C 4C Total available for use
5B 5B Less: materials inventory 31
Direct materials used
Direc labor
PRIME COST

Direct Labor
Factory overhead(60,000 / 7.50)
Direct labour hour (8,000 * 10)

COST OF GOOD S
Direct materials used
Materials inventory, march 1
Add: Direct Purchased
Total available for use
Less: materials inventory 31
Direct materials used
Direc labor
Factory overhead
Total manufatured overhead
Add: Work in process 3//1/19
Cost of goods put into process
Less: Work in process 3/31/19
Cost of good manufactured
 ITEMS 1-3 ITEMS 4-5
terials used Matatag Company
rials inventory, march 1 36,000
Direct Purchased 84,000 Direct materials used
available for use 120,000 Materials, Beg. 40,000
materials inventory 31 30,000 Purchases 188,000
terials used 90,000 Less: Materials, End -50,000 170,000
60,000 Direct labor 120,000
150,000 Factory overhead 108,000
Manufacturing cost 398,000
60,000 Add: Work in process, Beg 25,000
verhead(60,000 / 7.50) 8,000 Cost of good put into process 423,000
our hour (8,000 * 10) 80,000 Less: Work in process -35,000
Conversion cost 140,000 Cost of goods manufactured 388,000
Add: Finished good, beg 60,000
COST OF GOOD SOLD Goods Available for sale 448,000
terials used Less: Finished goods, End -70,000
rials inventory, march 1 36,000 Cost of Goods Sold 378,000
Direct Purchased 84,000
available for use 120,000
materials inventory 31 30,000
terials used 90,000
60,000
80,000
ufatured overhead 230,000
k in process 3//1/19 18,000
ods put into process 248,000
k in process 3/31/19 12,000
ood manufactured 236,000
REFLECTION
Donna Company

Direct materials used

Materials, May 1 124,000
Purchases 107,800
Total available 231,800
Less: Materials, May 31 115,000 116,800
Direct Labor 160,000
Factory overhead 240,000
Total manufacturing cost 516,000
Add: Work in process May 1 129,200
Cost of goods put into process 646,000
Less: Work in process, May 31 124,000
Cost of goods manufactured 522,000
Add: Finished goods- May 1 150,000
Total goods available for sale 672,000
Less: Finished Goods May 31 122,000
Cost of good sold 550,000