Selected data concerning operations of Cascade Manaufacturing company for the past fiscal year follow:
Raw materials used.....300,000
Total manufacturing cost charged to production during the year
(includes raw materials, direct labor, and manufacturing overhead applied at 60 percent of direct labor cost).......681,000 Cost of goods available for sale......826,000
Selling and general expenses.....30,000
Inventories
Raw materials begining... $70,000 ending $80,000
Work-in-process...begining 85,000 ending 30000
finished goods... begining 90000 ending 110000
Determin each of the following:
a)Cost of raw materials purchaed
b)direct labor cost charged to production
c)cost of goods manufactured
d) cost of goods sold