As consultants, we are hired to help the company track and report costs. The following Tableau Dashboard is provided to assist us in our analysis. Inventories Raw Materials Work in Process Finished Goods $21,000 Raw materials, November 30: $10,000 $18,000 Raw materials, December 31: $12,000 $15,000 Work in process, November 30: $15,000 L $12,000 Work in process, December 31: $20,000 $9,000 Finished goods, November 30: $7,500 L. $6,000 Finished goods, December 31: $10,000 $3,000 SO November 30 December 31 November 30 December 31 November 30 December 31 Factory Overhead for December Sales, Materials, and Payroll for December Indirect materials Indirect materials: $5,000 Indirect labor Raw materials purchases (paid with cash): $40,000 Factory payroll Raw materials purchases Indirect labor: $7,000 Factory payroll (paid with cash): $57,000 Total Overhead $42,000 Sales (received in cash): $200,000 Other overhead costs: $30,000 Sales Other overhead costs Predetermined Overhead Rate Predetermined overhead rate based on direct labor cost 7096 * o 1. Compute cost of direct labor used. 2. Compute cost of direct materials used. 3. Compute cost of goods manufactured. 4. Compute cost of goods sold. (Do not consider any underapplied or overapplied overhead.) 1. Cost of direct labor used 2. Cost of direct materials used 3. Cost of goods manufactured 4. Cost of goods sold