Evaluate missing amounts in cogs

Reference no: EM1341371

Evaluate missing amounts: COGS, direct material costs, direct labor costs

Using this information, determine the following missing amounts: (Please show calculations)

a. Cost of goods sold
b. Direct materials costs
c. Direct labor costs

Sales $775,000
Gross Profit 265,000
Indirect labor 63,000
Indirect materials 32,000
Other factory overhead 17,500
Materials purchased 303,000
Total manufacturing costs for the period 620,000
Materials inventory, end of period 35,000

Reference no: EM1341371

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