1.Maps, Inc. uses an actual costing system. The following information is available: Raw materials, beginning $5,000 Work-in-process, beginning 12,000 Finished goods, beginning 13,000 Raw materials purchased 8,000 Direct labor 13,000 Utilities-factory 3,000 Depreciation factory 1,000 Selling costs 4,000 Indirect labor 2,000 Raw materials, ending 2,000 Work-in-process, ending 7,000 Cost of goods sold 45,000 The cost of goods sold manufactured is: a. $48,000 b. $42,000 c. $39,000 d. $35,000 2.Listed below are selected accounts for Nalani Company: Beginning Ending Balance Balance Raw materials ? $20,000 Work-in-process $40,000 $30,000 Finished goods $15,000 $25,000 Total costs incurred during the period: Direct labor $50,000 Manufacturing overhead $10,000 Direct materials purchased $20,000 Current manufacturing costs $90,000

The amount of direct materials used in production was: 6 a. $35,000 b. $30,000 c. $25,000 d. $20,000 e. cannot be determined.

Assume direct materials used to be $25,000. The beginning balance of direct materials must have been: a. $35,000 b. $30,000 c. $25,000 d. $20,000

The cost of goods sold is: a. $100,000 b. $90,000 c. $80,000 d. Cannot be determined.