Costs

Raw materials purchased	$ 75,000
Direct Labor	55,000
Indirect labor	33,000
Factory equipment maintenance and depreciation	15,000
Factory rent	36,000
Factory supplies	6,000
Selling & administrative expenses	100,000

Inventories	Beginning Balance	Ending Balance
Raw Materials	$ 5,000	$20,000
Work in Process	25,000	30,000
Finished Goods	20,000	35,000

Required: Calculate the cost of raw materials used in production.

Required: Calculate the cost of goods manufactured

Calculate the cost of goods sold.

Required: Calculate the prime costs

Calculate the conversion costs.