Champagne of the South, Inc., a manufacturer of bottled sweet tea, had the following beginning and...

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Champagne of the South, Inc., a manufacturer of bottled sweet tea, had the following beginning and ending inventories for the

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Answer 1

Answer #1

Total manufacturing cost for the year = $99,424

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Schedule of Manufacturing cost during the year
Direct Material
Raw material Inventory Beginning	$ 10,000.00
Raw material Purchased	$ 24,261.00*
Raw material available for use	$ 34,261.00
Less: Raw material Inventory Ending	$ 6,837.00
Direct Material Used		$ 27,424.00
Direct labor		$ 30,000.00
Total Manufacturing overheads		$ 42,000.00
Total manufacturing Cost During the month		$ 99,424.00

*27000-2739........indicating only the direct material purchased.

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Answer 2

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