2 Q1: A company provided the following data for the year: 3 Raw materials inventory, Jan1 $33,350 4 Work in process inventory, Jan 1 $64,390 5 Finished goods inventory,Jan 1 H $21,690 6 Rau material purchases $54,380 7 Raw materials inventory, Dec 31 $28,460 8 Work in process inventory, Dec 31 $38,890 9 Finished goods inventory, Dec 31 $20.000 10 11 Classify each of these costs as Direct materials, Direct Labor, Overhead, Selling Expense, or Administrative Expense: 12 Indirect materials $3,120 13 Office suppliese pense $3,830 14 Factory Manager Salaties $40 800 15 Advertising expense 134,280 16 Factory Rent $16.890 17 Factory Repaits and Maintenance 14,650 18 Depreciation oupenso-Factory equipment $5430 19 Sales Slate pense 158,040 20 Depreciation uponso-Olice bulding $9,420 21 Factory Udition $3.310 22 Office Salaries.cupente 126 600 23 Wagas olan sembeline workers $103 100 24 25 b Calculate direct materials used: 26 27 9988 29 30 34 35 c. Calculate actual Factory Overhead: 36 37 38 39 40 41 42 43 44 45 46 47 48 49 d. Calculate Cost of Goods Manufactured: 50 51 52 53 54 55 56 57 58 59 60 e. Calculate Cost of Goods Sold: 61 62 63