Required: Calculate the following (Show all your work )
1-Materials used in production )
2-Total Manufacturing cost
3-Cost of goods manufactured
4-Ending Finished goods
Extracted text: Carlton Manufacturing Company provided the following details about operations in February: Purchases of raw materials $175,000 Maintenance, factory 41,500 on Direct labour 35,500 Depreciation, factory equipment 61,000 Indirect materials, factory 3,750 Selling and administrative salaries 47,000 Utilities, factory 29,000 Sales commissions 19,000 Insurance, factory equipment 4,750 Depreciation, sales equipment 23,000 Advertising expenses 115,000 Rent, factory building 76,800 The company also provided details regarding the balances in the inventory accounts at the beginning and endc Beginning of Month Raw materials $ 40,000 Work in process $ 30,000 Finished goods $ 22,500 • Raw materials used in production cost $189,000, • The goods available for sale totalled $420,000 • The cost of goods sold totalled $362,500.