Benefitsit Inc is working on calculating cost information for January. The beginning and ending inventories for the month of January are: 1-Jan 31-Jan Direct Materials $77,000 $82,000 Work in Process $121,000 Finished Goods $45,000 $135,000 $58,000 Production data for the month of January follows: Direct labor $175,500 Manufacturing overhead $175,500 Direct materials purchased $153,000 Using the above information answer the following questions: 1. What was the amount of direct materials added to production during the month? 2. What was the total amount of manufacturing cost added to production during the month? 3. What was the amount of cost of goods manufactured? 4. What was the amount of cost of goods sold?