Millworks Company manufactured 100,000 units in 2018 and reported the following costs:

Required:
a.What is the amount of direct materials used during 2018?
b.What manufacturing costs were added to WIP during 2018?
c.What is cost of goods manufactured for 2018?
d.What is cost of goods sold for 2018?

Question

Millworks Company manufactured 100,000 units in 2018 and reported the following costs:
  
Required:
a.What is the amount of direct materials used during 2018?
b.What manufacturing costs were added to WIP during 2018?
c.What is cost of goods manufactured for 2018?
d.What is cost of goods sold for 2018?

Quizplus · Accepted Answer

The Answer of Millworks Company manufactured 100,000 units in 2018 and reported the following costs:
  
Required:
a.What is the amount of direct materials used during 2018?
b.What manufacturing costs were added to WIP during 2018?
c.What is cost of goods manufactured for 2018?
d.What is cost of goods sold for 2018?

Millworks Company Manufactured 100,000 Units in 2018 and Reported the Following