3: (2 points). We know the following: Subway company reports the following: Beginning Raw Materials Inventory: 45,000 Ending Raw Materials Inventory: 65,000 Raw Materials Used: 90,000 What would be the materials purchased for the period? You can use your BASE Accounts if that helps $90,000 $45.000 65,000 - $10,000 4: (2 Points). We know the following: Racecar company reports the following: Cost of Goods Manufactured: 65,000 Direct Materials Used: 25,000 Direct Labor Incurred: 30,000 Beg Work In Process Inventory: 45,000 If Factory Overhead is 50% of Direct Labor, what would be our ending Work In Process Inventory? Make sure to show your work. This is similar to the Chapter 15 Class Problem we did. I would recommend using your BASE accounts here. 2: (2 Points) We know the following for Train Company: Direct Materials: $400,000 Rent on Corporate Office: $10,000 Direct Labor: $250,000 Indirect Materials: $100,000 Depreciation on Factory Equipment $25,000 Rent on Factory: $50,000 Commissions for Selling Team: $45,000 Calculate the Product Costs