Mathematics homework help
Mathematics homework help. The following information is available for the first month of operations of Url Inc., a manufacturer of art and craft items:Sales – $1,200,000Gross Profit – $320,000Indirect Labor – 110,000Indirect materials- 45,000Other factory overhead – 20,000Materials purchased – 610,000Total manufacturing costs for the period – 1,325,000Materials Inventory, end of period – 45,000Using the above information, determine the following missing amounts:a. Cost of goods sold b. Direct materials cost c. Direct labor costThank you!so far I have A.a. COGS = 1,200,000 – 320,000 = 880,000b. DM cost = 610,000 – 45,000 = 565,000c. DL cost = 1,325,000 – 565,000 – 110,000 – 45,000 – 20,000 = 585,000Please tell me where I’m going wrong?If you want the formulas and any calculations, select the corresponding cell and press F2(Function Key on key board),It will show all calculations and formulas AutomaticallyQuestion:The…
