b. $115.000 c. $112.000 d. $109,000 e none of these are correct. 6. The information below has been taken from the cost records of Shula Company for the past year: Raw materials used in production Total manufacturing costs added Cost of goods available for sale Selling and administrative expenses S326,000 686,000 826,000 25,000 Inventories Raw Materials Work in Process Finished Goods Beginning $75,000 S80.000 $90,000 Ending $85.000 $30.000 $110,000 The cost of raw materials purchased during the year amounted to 2. $411,000 b. $360,000 c. $316,000 d. $336,000 c. none of these answers are correct 7. The following data are for Shaft Company: Inventories Raw Materials Work in Process Finished Goods Beginning 521.000 $20,000 $30,000 Endine $26.000 $13,000 $40.000 Purchases of raw materials Raw materials used Overhead costs Direct labor $71,000 66,000 21.000 27.000 The cost of goods sold was a. $131.000 b. $91,000 c. $81,000 d. SI11.000 c. none of these answers are correct. 1 8. Just-in-time processing requires constant build-up of finished goods inventory just in case unexpected or rush orders are received Yb, shat suppliers of the company be able to deliver on short notice exact quantities of raw materials that the quality control system be eliminated so that production is completed without interruption. & an increase in the level of raw materials inventory so that production can be completed just-in-time before the delivery date promised. e. none of these answers are correct