juicy manufacturing corporation incurred the following costs 497605

uicy Manufacturing Corporation incurred the following costs.

Beginning direct materials inventory $24,000

Beginning work-in-process inventory $10,500

Beginning finished goods inventory $28,500

Ending direct materials inventory $24,000

Ending work in process $21,000

Ending finished goods $39,000

Factory supervisor’s salary $42,000

Depreciation on plant $18,000

Sales $1,200,000

Selling and administrative expenses $187,500

Plant maintenance $9,000

Plant utilities $16,500

Direct material purchases $322,500

Direct labor $360,000

Required: Calculate the following.

a. Direct materials used

b. Cost of goods manufactured

c. Cost of goods sold

d. Operating income