1. Compute for the following based on the available information (2 points each): Sales 8,000,000 Freight In Other Manufacturing Expenses 900,000 Indirect Labor 210,000 1,500,000 Advertising Expense Purchase Returns Office Insurance Freight Out Sales Discount 500,000 Indirect Materials 1,100,000 85,000 Direct Labor 1,200,000 120,000 Raw Materials Purchases 1,800,000 95,000 Office Salaries 420,000 5,000 2016 2015 Raw Materials Work In Process Finished Goods 75,000.00 90,000.00 55,000.00 125,000.00 40,000.00 100,000.00 1. Direct materials used 3. Total Manufacturing Costs 5. Cost of Goods Manufactured 7. Net Sales 9. Gross Profit 2. Factory overhead 4. Total Cost Place In Process 6. Total Cost of Goods Available for Sale 8. Cost of Goods Sold 10. Net Income