Reference no: EM132880497

Problem - The following information is available for the first month of operations of Enders Company, a manufacturer of mechanical pencils:

Sales $630,000

Gross profit 370,000

Cost of goods manufactured 315,000

Indirect labor 84,000

Factory depreciation 22,000

Materials purchased 164,000

Total manufacturing costs for the period 362,000

Materials inventory 22,000

Using the above information, determine the following missing amounts:

a. Cost of goods sold

b. Finished goods inventory

c. Direct materials cost

d. Direct labor cost

e. Work in process inventory