How much is in ending inventory for raw finished goods

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Reference no: EM133417453

Question: Brain-Tech was newly formed in early 2022. The following information related to the full year: Raw Materials purchased (net) $10,500,000 Direct Labour costs 7,000,000 Factory overhead 5,250,000 Selling, general &l administrative 2,450,000 75% of the available raw material was transferred into production 60% of the work in process was completed 80% of the finished goods were sold. 15% of factory overhead related to depreciation 25% of SG&A related to depreciation REQUIRED: 3A- How much is in ending inventory for raw materials? 3B- How much is in ending inventory for work in process? 3C- How much is in ending inventory for raw finished goods? 3D-How much is in cost of goods sold? 3E-How much is in SG&A expense for the period 3F-How much of the total depreciation for the period is charged against income during the period?

Reference no: EM133417453

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