Beginning Balance Purchases of RM Ending Balance RM RAW MATERIALS 4,000 22,000 9,000 Lander Manufacturing had beginning raw materials of $4,000. During the month, Lander made raw material purchases of $22,000. At the end of the month, Lander had raw materials of $9,000 remaining. What amount of raw materials were used during the month? Beginning Balance Direct Materials Used Direct Labor Costs Factory Overhead Costs Ending Balance of WIP WORK IN PROCESS 12,000 17,000 28,000 32,000 15,000 Lander Company's beginning Work in Process Inventory for the month was $12,000. The direct materials brought into the factory amounted to $17,000. The direct labor cost for the month was $28,000 and factory overhead costs were $32,000. The ending balance of Work in Process for the month was $15,000. What was the cost of Goods Manufactured? Beginning Balance Cost of Goods Manufactured Ending Balance of FG FINISHED GOODS 8,000 ? 74,000 12,000 At the beginning of the month, Lander had a beginning finished goods inventory of $8,000. The Cost of Goods Manufactured for the month was $74,000. At the end of the month, the finished goods inventory was $12,000. What was the cost of goods sold for the month? Sales for the month were $95,000. What amount of gross profit was earned during the month? SALES COST OF GOODS SOLD 70,000 70,000 95,000 95,000