Reference no: EM132517262

The balances in the perpetual inventory accounts of Anditon Manufacturing Corporation at the beginning and end of the current year are as follows.

                                End of Year                 Beginning of Year

Inventory accounts:

Materials                       $126,000                  $222,000

Work in Process               109,000                    75,000

Finished Goods Inventory        325,000            238,000

The total dollar amounts debited and credited during the year to the accounts used in recording manufacturing activities are as follows.

                                                      Debit Entries                 Credit Entries

Account: Materials Inventory      $2,410,000                       $?

Direct Labor                                1,189,000                 992,000

Manufacturing Overhead                 893,600                  893,600

Work in Process Inventory                       ?                      ?

Finished Goods Inventory                       ?                       ?

Required:

Question a. Using these data, state or compute for the year the following amounts.

Question b. Prepare a schedule of the cost of finished goods manufactured.