Information concerning Toomey Company's manufacturing activities for December follows:

Total December manufacturing cost was $180,000, of which $30,000 was direct labor cost. A total of 600 machine hours were used in the month. The company uses a predetermined overhead rate of $100 per machine hour to assign factory overhead to work in process and finished goods inventories. Materials purchased in December were $87,000 and freight-in on these purchases totaled $ 1,500.
Required:
Compute the following:
(1) Materials used in December
(2) Work in process at December 31
(3) December cost of goods manufactured
(4) Finished goods at December 31
(5) December cost of goods sold

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Inventories December 1 $12,000 December 31 Finished Goods Direct Materials Direct Labor..r $5,000 $3,000 60 hours 2,000 units Work in Process 3,000 units Direct Materials, $2.40 per unit Direct Labor, $.80 per unit 48 hours $8,000 32 hours $6,500 Materials.