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# Calculation of cost of goods sold& manufactured

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8. From PE 18-4A (a) what type of cost is maintenance on printing machines?
Product
Period
Both
None of the above

9. From 18-5A what is the cost of goods sold for August?
Nantahala company has the following information for August
Cost of direct materials used in production \$30,000
Direct Labor \$45,000
Factory Overhead \$22,000
Work in progress inventory, August 1 - \$10,000
Work in progress inventory, August 31 - \$8,000
Finished goods inventory, August 1 - \$18,000
Finished goods inventory, August 31 - \$10,000

\$99,000
\$90,000
\$117,000
\$107,000

10. From 18-5A what is the cost of goods manufactured for August?
Nantahala company has the following information for August
Cost of direct materials used in production \$30,000
Direct Labor \$45,000
Factory Overhead \$22,000
Work in progress inventory, August 1 - \$10,000
Work in progress inventory, August 31 - \$8,000
Finished goods inventory, August 1 - \$18,000
Finished goods inventory, August 31 - \$10,000

\$99,000
\$90,000
\$117,000
\$107,000

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#### Solution Preview

8. From PE 18-4A (a) what type of cost is maintenance on printing machines?
Product
Period
Both
None of the above

Answer         Period
cost of goods sold
Cost of direct materials used in production \$30,000
Direct Labor ...

#### Solution Summary

The answer contains solutions for three questions namely computation of cost of goods sold, cost of goods manufactured, identification of period cost

\$2.19