LCDs For You produces LCD touch-screen products. The company reports the following information at December 31. LCDs For You began operations 11 months before, on January 31. Work in Process Wages Manufacturing Finished Goods Raw Materials Inventory Payable Overhead Inventory Inventory 30,500 123,000 77,000 77,000 4,000 48,000 123,000 112,000 57,500 34,500 63,500 13,500 48,000 Balance 0 42,500 Requirements Requirements - x 1. What is the cost of direct materials used? 2. What is the cost of indirect materials used? 3. What is the cost of direct labour? 4. What is the cost of indirect labour? 5. What is the cost of goods manufactured? 6. What is the cost of goods sold (before adjusting for any under-or overallocated manufacturing overhead)? 7. What is the actual manufacturing overhead? 8. How much manufacturing overhead was allocated to jobs? 9. What is the predetermined manufacturing overhead rate as a percentage of direct labour cost? 10. Is manufacturing overhead underallocated or overallocated? By how much? )? Print Done