Clementi Ltds accountant recently prepared the following data from the companys accounting records for the year ended 31 December 2017: $ Sales 2,400,600 Inventories at 1 January 2017: Raw materials 151,200 Work in process 107,600 Finished goods 189,000 Inventories at 31 December 2017: Raw materials 144,600 Work in process 102,800 Finished goods 194,400 Direct labour 228,000 Purchases of raw materials 648,000 Selling expenses 236,600 Factory overhead is applied at the rate of 250% of direct labour cost. Required: Compute the following for the year ended 31 December 2017: (i) The costs of direct material used. (ii) The manufacturing costs. (iii) The cost of goods manufactured. (iv) The cost of goods sold. (v) The gross profit