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2. The following information in alphabetical order pertains to Annett Company for March 2018: Beginning DM inventory Beginning FG inventory Beginning WIP inventory Direct labor

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2. The following information in alphabetical order pertains to Annett Company for March 2018: Beginning DM inventory Beginning FG inventory Beginning WIP inventory Direct labor Direct materials purchases Ending DM inventory Ending FG inventory Ending WIP inventory Factory OH-fixed Factory OH-variable Sales Selling and administrative expenses $30,000 40,000 50,000 200,000 170,000 35,000 42,000 54,000 120,000 90,000 800,000 100,000 Calculate the following assuming there are no income taxes: a. Direct materials used b. Cost of goods manufactured c. Cost of goods sold d. Net income e. Conversion costs f. Prime costs

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