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) $240 128 87 492 $285 271 172 476 Totals for the year 20x8: 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. 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