Reference no: EM132639865
Dolan Company's accounting records reflect the following inventories:
Dec. 31, 2019 Dec. 31, 2018
Raw materials inventory $310,000 $260,000
Work in process inventory 300,000 160,000
Finished goods inventory 190,000 150,000
During 2019, $800,000 of raw materials were purchased, direct labor costs amounted to $670,000, and manufacturing overhead incurred was $640,000.
Question a) The total raw materials available for use during 2019 for Dolan Company is
Question b) Dolan Company's total manufacturing costs incurred in 2019 amounted to
Question c) If Dolan Company's cost of goods manufactured for 2019 amounted to $1,890,000, its cost of goods sold for the year is