The following data pertain to the Elsea Manufacturing Company for the year ended December 31, 2004. The company made 60,000 SW20 switching units during 2004.

Required:

a. What is the cost of direct material used during 2004?

b. What is the cost of direct labor during 2004?

c. What is the cost of manufacturing overhead for 2004?

d. What is total manufacturing cost incurred during 2004?

e. What is the cost of goods manufactured for 2004?

f. What is the cost of goods sold for 2004?

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Beginning direct material inventory Ending direct material inventory Beginning work-in-process inventory Ending work-in-process inventory Beginning finished goods inventory Ending finished goods inventory Direct material purchased Indirect material used in production Factory supplies used $ 42,000 48,000 84,000 93,000 124,000 133,000 850,000 4,000 6,200 Depreciation on the factory 60,000 Depreciation on the sales office 4,000 Depreciation on the administrative office 3,000 Sales salaries 120,000 Assembly-line labor cost 820,000 Factory security guard cost 12,000 Factory supervision 82,600 Depreciation on production equipment 560,000 Depreciation on sales office equipment 22,200