The following account balances and activity are given below…
The following account balances and activity are given below for August: For the month Aug. 1 Aug. 31 ended Aug. 31 Materials Inventory $ 900 $1,300 Depreciation on factory equip $ 2,900 Work in Process Distribution costs 2,300 Finished Goods 2,800 2,200 Direct materials purchased Advertising 1,900 Factory utilities 3,100 Direct manufacturing labor 6,800 Sales revenue 33,000