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QUESTION 1 Using the information below for Gifford Company as of December 31. -- Answer the questions below Administrative Salaries Depreciation of Factory Equipment Depreciation of delivery vehicles 35,000 25,000 6,000 Direct Labor 68,000 9,000 57,000 ? 15,500 Factory Supplies used Finished goods inventory, January 1 Finished goods inventory, Dec 31 Factory insurance Interest expense Factory Utilities Factory maintenance Materials inventory, Jan 1 Materials inventory, Dec 31 Raw Materials Purchase Rent on factory building Repairs of factory equipment Sales Commission Work in Process, Jan 1 Work in Process, Dec 31 12,000 14,000 7,500 5,000 4,000 125,000 25,000 11,500 37,500 3,500 2,700 QUESTION 5 What is the Cost of Goods Manufactured (COGM)? SHOW ALL WORK For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI U S Paragraph Arial > 10 BWIP+TMC-COGM QUESTION 3 SHOW ALL OF YOUR WORK What is the total Overhead For the toolbar, press ALT+F10 (PC) or ALT+FN+ B I U Paragraph SHOW YOUR WORK How much is the DM used? For the toolbar, press ALT+F10 (PC) B I Y S Paragra BMI+P-EMI QUESTION 4 SHOW ALL WORK What is the Total Manufacturing cost (TMC)? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Ma Us Paragraph Arial DM+DL+OH