1) Big Bear Company has supplied the following information from its accounting records for the month of August. Direct labor cost Purchases of raw materials Advertising Factory property taxes Raw Materials inventory, 8/31 Supplies Work in process Inventory, 8/1 Finished goods inventory, 8/31 Cost of goods manufactured Sales revenue Executive salary cost Finished goods inventory, 8/1 Utilities Raw Materials inventory, 8/1 Factory depreciation Work in process Inventory, 8/31 $14,482 19,997 11,223 5,343 5,050 3,211 ? 22,022 65,845 ? 27,654 47,106 2,210 1,222 7,897 18,464 Note: 64% of supplies and 80% of utilities were used in the factory. Headquarters used the remaining portions. Required (show all calculations and box or circle answers): 1) What was the amount of direct (or raw) materials used during August? 2) What was the amount of Work in Process on August 1 (the missing number)? 3) What was Cost of Goods Sold during August? 4) What was Sales Revenue during the month of August assuming the company had an operating loss of ($30,864)?