5) Flyers Inc. had the following activities during 2015 Direct materials: Beginning inventory Purchases $22,000 61,600 Ending inventory 10,800 Direct manufacturing labor 18,000 Manufacturing overhead 11,500 Beginning work-in-process inventory 1,000 Ending work-in-process inventory 3,500 Beginning finished goods inventory 25,000 Ending finished goods inventory 19,000 Required: a. What is the cost of direct materials used during 2015? b. What is cost of goods manufactured for 2015? c. What is cost of goods sold for 2015? d. What amount of prime costs was added to production during 2015? e. What amount of conversion costs was added to production during 2015? (10 MARKS)