1)	Prepare a Cost of Goods Manufactured Statement and determine Cost of Goods Sold using the following information:
	IF YOU DO NOT LABEL YOUR ANSWERS, YOU WILL NOT RECEIVE CREDIT
		Beginning Raw Materials Inventory				$1,000
		Beginning Work-In-Process Inventory				$2,000
		Beginning Finished Goods Inventory				$3,000
		Ending Raw Materials Inventory				$1,500
		Ending Work-In-Process Inventory				$2,500
		Ending Finished Goods Inventory				$3,500
		Raw Materials Purchases				$1,250
		Direct Labor				$750
		Factory Overhead				$750
2)	Prepare journal entries, if necessary, for the following as of the dates listed
	IF YOU DO NOT INDENT PROPELY, I WILL NOT LOOK AT ANY OF THE ENTRY
		1-Mar	It is estimated that $15,000 of overhead will be incurred in March
			It is estimated that 1,500 hours of labor will be incurred in March
			Overhead will be allocated based on Labor Hours
		1-Mar	Purchased raw materials on account for $10,000
		10-Mar	$8,000 of raw materials were requisitioned to begin Job 100
		31-Mar	Laborers, who are paid $10.00 per hour, worked 1,450 hours on Job 100
		31-Mar	Overhead of $15,500 was actually incurred