acct 212, Cost Accounting

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Cost Flow Relationships

The following information is available for the first month of operations of Url Inc., a manufacturer of art and craft items:
Sales $886,900
Gross profit 239,500
Indirect labor 79,800
Indirect materials 32,800
Other factory overhead 15,100
Materials purchased 452,300
Total manufacturing costs for the period 979,100
Materials inventory, end of period 32,800

Factory overhead was applied during the year. Using the above information, determine the following missing amounts:
a. Cost of goods sold $
b. Direct materials cost $
c. Direct labor cost $

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