A Question 25 (4 points) Retale question Arrow Industries manufactured 19,000 units of product during May using 121,600 pounds of direct materials which had purchased at $1.95 per pound. Journal entry to record the materials usage transaction is: Example of Answer: A The cost of finished goods inventory reported on the balance sheet may include all of the following EXCEPT a) customer-service costs. b) wages of the plant supervisor. c) depreciation of the factory equipment. d) the cost of parts used in the manufacturing process. A Question 25 (4 points) Retale question Arrow Industries manufactured 19,000 units of product during May using 121,600 pounds of direct materials which had purchased at $1.95 per pound. Journal entry to record the materials usage transaction is: Example of Answer: A The cost of finished goods inventory reported on the balance sheet may include all of the following EXCEPT a) customer-service costs. b) wages of the plant supervisor. c) depreciation of the factory equipment. d) the cost of parts used in the manufacturing process