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Determine about cost flow relationships

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Cost Flow Relationships

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

Sales                                         $1,006,600

Gross profit                                  271,800

Indirect labor                                  90,600

Indirect materials                             37,200

Other factory overhead                      17,100

Materials purchased                             513,400

Total manufacturing costs for the period 1,111,300

Materials inventory, end of period           37,200

Question 1: Using the above information, determine the following missing amounts:

a. Cost of goods sold $

b. Direct materials cost $

c. Direct labor cost$

Reference no: EM132475878

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