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1. Raw Materials Inventory, Jan 1 $75,000 Raw Materials Inventory, Dec 31 $30,000 Work in Process...

1.

Raw Materials Inventory, Jan 1 $75,000

Raw Materials Inventory, Dec 31 $30,000

Work in Process Inventory, Jan 1 $105,000

Work in Process Inventory, Dec 31 $75,000

Finished Goods Inventory, Jan 1 $25,000

Finished Goods Inventory, Dec 31 $130,000

Material Purchases $65,000

Direct Labor $150,000

Indirect Labor $10,000

Factory Utilities $25,000

Factory Supplies $5,000

Factory Rent $95,000

Depreciation on Office Building $15,000

a. Direct Materials Used

b. Factory Overhead

c. Cost of Goods Manufactured

d. Cost of Goods Sold

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