Renka’s Heaters selected data for October 2017 are presented here (in millions): Direct materials inventory 10/1/2017 $ 105 Direct materials purchased $365 Direct materials used $385 Total...


Renka’s Heaters selected data for October 2017 are presented here (in millions):
Direct materials inventory 10/1/2017 $ 105


Direct materials purchased $365


Direct materials used $385


Total manufacturing overhead costs $450


Variable manufacturing overhead costs$ 265


Total manufacturing costs incurred during October 2017 $1,610


Work-in-process inventory 10/1/2017 $230


Cost of goods manufactured $1,660


Finished-goods inventory 10/1/2017 $130


Cost of goods sold $1,770
Calculate the following costs:


1. Direct materials inventory 10/31/2017


2. Fixed manufacturing overhead costs for October 2017


3. Direct manufacturing labor costs for October 2017


4. Work-in-process inventory 10/31/2017


5. Cost of finished goods available for sale in October 2017


6. Finished goods inventory 10/31/2017



Jun 10, 2022
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