Calculating Inventory
|
Actual Results |
|
|
Direct Materials Used |
$5,600,000.00 |
|
Direct Labor |
$4,350,000.00 |
|
Indirect Material Used |
$65,000.00 |
|
Indirect Labor |
$2,860,000.00 |
|
Factory Depreciation |
$1,740,000.00 |
|
Factory Insurance |
$59,000.00 |
|
Factory Utilities |
$830,000.00 |
|
Selling and Administrative Expenses |
$2,160,000.00 |
|
Total |
$17,664,000.00 |