18. Helmer Sporting Goods manufactured 100,000 units in 2015 and reported the following costs: Sandpaper Materials handling $ 32,000 320,000 Leasing costs-plant $384,000 Depreciation-equipment 224,000 Coolants & lubricants 22,400 Indirect manufacturing labor 275,200 Direct manufacturing labor 2,176,000 Property taxes-equipment Fire insurance-equipment Direct material purchases 32,000 16,000 3,136,000 Direct materials, 1/1/15 384,000 Direct materials, 12/31/15 275,200 Finished goods, 1/1/15 672,000 Sales revenue 12,800,000 Finished goods, 12/31/15 1,280,000 Sales commissions 640,000 Work-in-process, 1/1/15 96,000 Sales salaries 576,000 Work-in-process, 12/31/15 64,000 Advertising costs 480,000 Administration costs 800,000 Required: a. What is the amount of direct materials used during 2015? 5/1,200 b. What manufacturing costs were added to WIP during 2015? 300 (Sandpaper) What is cost of goods manufactured for 2015? 6003200 6. What is cost of goods sold for 2015? 5345200