Reference no: EM13376787
Evans Inc. had the following activities during the year.
Direct materials:
Beginning inventory $ 40,000
Purchases 123,200
Ending inventory 20,800
Direct manufacturing labor 32,000
Manufacturing overhead 24,000
Beginning work in process inventory 1,600
Ending work in process inventory 8,000
Beginning finished goods inventory 48,000
Ending finished goods inventory 32,000
1. What is the cost of direct materials used during the year
2. What is the cost of goods manufacturing for the year
3. What is the cost of goods sold for the year
4. What amount of prime costs was added to production during the year
5. What amount of conversion costs was added to production during the year