II. Supplying Missing Information - Manufacturing Inventories: The following data are available for a manufacturing operation: Balance Sheet data: 12/31/x7 12/31/x8 Raw materials inventory Work in process inventory Finished goods inventory Factory plant and equipment (net) $240 $285 128 271 87 172 492 476 Totals for the 1. Purchases of raw materials, $1,250 2. Purchase of factory plant and equipment, $23 3. Wages earned by factory employees, $566. 4. Production costs other than raw materials, labor, and depreciation, $2,418 5. Factory plant and equipment sold, None. 20x8 year Required: a. Calculate the cost of raw materials used during the year. b. Calculate factory depreciation for the year. c. Calculate the cost of goods finished during the year d. Calculate the cost of goods sold during the year