The following accounts are from last year's books of Sharp Manufacturing: New Materials 0 (b) Balance (a) Balance. (f) (
Posted: Fri Jul 01, 2022 8:45 am
The following accounts are from last year's books of Sharp Manufacturing: New Materials 0 (b) Balance (a) Balance. (f) (9) Debit Debit 169,000 13,000 Finished Goods 0 (9) 518,000 48,000 Cost of Goods Sold 470,000 Credit Crevit Credit 156,000 Balance (b) (c) (e) 470,000 (b) (c) (d) Debit Debit Mark In Process 0 (1) 133,000 170,000 215,000 Credit Manufacturing Overband 23,000 (e) 27,000 158,000 Credit 518,000 215,000 7,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year?