Reference no: EM131810481
Question - Wilson River Pty Ltd's selected data for the month of August 2004 are presented below (in millions):
Work-in-process inventory 1/8/2004 $ 200
Direct materials inventory 1/8/2004 90
Direct materials purchased 360
Direct materials used 375
Variable manufacturing overhead 250
Total manufacturing overhead 480
Total manufacturing costs 1,600
Cost of goods manufactured 1,650
Cost of goods sold 1,700
Finished goods inventory 1/8/2004 125
Calculate the following costs:
1. Direct materials inventory 31/8/2004
2. Fixed manufacturing overhead costs for August
3. Direct manufacturing labour costs for August
4. Work-in-process inventory 31/8/2004
5. Goods available for sale in August
6. Finished goods inventory 31/8/2004
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