1. Cost classifications (8pts): Below is the information for the month ended September 30, 2020 for Midnight, Inc., a clock manufacturer. Assume the Raw Materials inventory account balance includes both direct and indirect raw materials. Assume there are no taxes.

Advertising Expense	$ 9,410
Depreciation Expense - Factory equipment	$ 5,430
Depreciation Expense - Main Office equipment	$ 3,220
Direct labor used	$ 34,810
Factory insurance costs	$ 950
Factory maintenance costs	$ 2,400
Factory rent	$ 14,970
Factory supervisor's salary	$ 9,920
Factory utilities	$ 3,045
Indirect labor used	$ 4,185
Indirect materials used	$ 530
Main Office administrative salaries	$ 41,090
Main Office rent	$ 3,670
Salesperson salaries	$ 34,240
Sales	$ 441,725
Raw materials purchased (direct and indirect)	$ 89,140
Raw materials inventory (direct and indirect), beginning balance	$ 20,570
Raw materials inventory (direct and indirect), ending balance	$ 18,920
Work in process (WIP) inventory, beginning balance	$ 15,210
Work in process (WIP) inventory, ending balance	$ 13,990
Finished goods inventory, beginning balance	$ 114,650
Finished goods inventory, ending balance	$ 129,830

Calculate the following for Midnight, Inc. for the month ended September 30, 2020. You must show all of your work/calculations in order to receive full credit (1pt each):

1. Direct materials used
2. Total factory overhead costs
3. Total manufacturing costs
4. Total non-manufacturing costs
5. Cost of goods manufactured
6. Cost of goods sold
7. Gross profit
8. Net income (assume no taxes)