here is the full question.. The accounting records of Idaho Paper Company include the following information relating to the current year: materials inventory.. Dec 31. = $20,000...... Jan. 1 = $25,000 work in process inventory ... Dec. 31 = 37,5000... Jan 1 = 40,000 Finished good inventory, Jan 1 (10,000 units @ $21 per unit) .. Dec. 31 = ? .... Jan 1. = 210,000 purchases of direct materials during year ... Dec. 31 = 330,000 Direct labor costs assigned to production ... Dec. 31 = 375,000 manufacturing overhead ... Dec 31 = 637,5000 The company manufactures a single product; during the current year, 45,000 units were manufactured and 40,000 units were sold.. Instructions a. Prepare a schedule of the cost of finished goods manufactured for the current year. (Show a supporting computation of the cost of direct materials used during the year.) b. Compute the average per-unit cost of production during the current year. c. Compute the cost of goods sold during the year, assuming that the FIFO (first-in, first out) method of inventory costing is used. d. Compute the cost of the inventory of finished goods at December 31 of the current year, assuming that the FIFO (first-in, first out) method of inventory costing is used