Fill in the blanks on this "Cost of Goods Manufactured" and how you got the answer
Work in process inventory, December 1, 2010 246000
Direct Materials:
Materials inventory, December 1, 2010 102000
Purchases 230000
Cost of materials available for use 332000
Less materials inventory, December 31, 2010 ?
Cost of direct materials used in production ?
Direct labor ?
Factory overhead 114000
Total Manufacturing costs incurred during December 660000
Total Manufacturing costs 906000
Less work in process inventory, December 31, 2010 252000
Cost of goods manufactured 654000