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Inventories Raw Material Work in Process Finished Goods November 1 9,000 4,500 13,500 November 30 8,500 3,000 18,000 Additional Information: Raw Material purchased Direct Labor

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Inventories Raw Material Work in Process Finished Goods November 1 9,000 4,500 13,500 November 30 8,500 3,000 18,000 Additional Information: Raw Material purchased Direct Labor costs Factory Overhead Selling & Admin Expenses Sales Revenue 22,000 14,000 20,000 11,000 99,000 Calculate the following items for the month of November: a) Prime Costs b) Conversion Costs c) Total manufacturing costs incurred this month d) Cost of goods manufactured e) Cost of goods sold f) Gross Profit g) Net Income

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