Calculate:

1.Direct materials used for ABC Co.

2.Cost of goods manufactured for ABC Co.

3.Cost of goods sold for ABC Co.

5. ABC Co. has provided the following data for the end of December 2019. Beginning Inventory for Raw Materials Ending Inventory for Raw Materials Beginning Inventory for Work in Process Ending Inventory for Work in Process Beginning Inventory for Finished Goods Ending Inventory for Finished Goods Purchases of direct materials Wages paid to assembly line workers Wages paid to factory supervisor Property insurance paid on factory Utilities for the factory Indirect materials used in production Sales Revenue General & Administrative Expenses $60,000 $44,600 $83,000 $92,000 $45,000 $51,000 $40,000 $115,000 $25,000 $4,500 $9.000 $3,000 $525.000 $135,000