22. The following costs and inventory data were taken from the accounts of Wise Company for 2021: January 1, 2021 December 31, 2021 4$ 10.000 15,000 16,000 * $ 9,000 13,000 12.000 Inventories: Raw materials Work in process Finished goods Costs incurred: Raw materials purchases Direct labor Factory rent Factory utilities Indirect materials Indirect labor Operating expenses $99.000 42,000 9,000 10,000 * 7.000 9.000 17,000 Instructions a. Prepare a schedule showing the amount of direct materials used in production during the year. b. Compute the amount of manufacturing overhead incurred during the year. Prepare a schedule of Cost of Goods Manufactured for Wise Company for the year ended December 31, 2021 in good form. Prepare the Cost of Goods Sold section of the Income Statement for Wise Company for the year ended December 31, 2021 in good form. c. d