Homework Answers
Fill missing amount
| Year 1 | Year 2 | |
| Item | ||
| Direct material used in production | 10000+45000-15000 = 40000 | 50000 |
| Direct material : Beginning inventory | 10000 | 15000 |
| Direct material purchases | 45000 | 17000+50000-15000 = 52000 |
| Direct material : Ending inventory | 15000 | 17000 |
| Direct labor used in production | 165000-80000-40000 = 45000 | 53000 |
| Manufacturing overhead cost in production | 80000 | 76000 |
| Work in process: Beginning inventory | 17000 | 14000 |
| Work in process: Ending inventory | 14000 | 19000 |
| Finished goods : Beginning inventory | 8000 | 7000 |
| Finished goods: Ending inventory | 7000 | 11000 |
| Cost of goods sold | 169000 | 170000 |
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