1. Incredible Enterprises incurred the following costs for 2018: Sales Direct labor Direct material purchases Factory overhead Selling and administrative expenses $680,000 201,000 188,000 180,000 80,000 Beginning direct materials inventory Beginning finished goods inventory Beginning work in process inventory 27,000 26,000 8,000 Ending direct materials inventory Ending finished goods inventory Ending work in process inventory 15,000 34,000 13,000 Calculatethe ollowing values for 018 asumingee e om lases a. Direct materials used b. Cost of goods manufactured c. Cost of goods sold d. Net income e. Prime costs f. Conversion costs