The Following List Indicates Costs as They Flow Through the Business

Essay

The following list indicates costs as they flow through the business as a product is manufactured.Some items are missing.Compute the missing amounts.
Materials Inventory:
Beginning materials inventory $ 37,500
Raw materials purchased 567,400
Ending materials inventory 31,570
Direct materials used in production ____A____
Goods in process:
Beginning GIP balance 93,250
direct labor _____B___
Factory overhead 742,500 (Note: 2 times the amount of direct labor cost)
Cost of goods manufactured ____C____
Ending GIP balance 87,600
Finished goods inventory:
Beginning FG balance 49,000
Ending FG balance _____D____
Cost of goods sold 1,625,000