Liu Ltd. provided the following information for the month of June:

Direct material purchases were $5,600. Direct costs of production were $8,500. Indirect costs of production were $9,500. Selling and administrative costs were $12,100. And beginning and ending inventories were:

	June 1	June 31
Raw Materials Inventory	$ 1500	$ 1900
Work In Process Inventory	$ 960	$ 1120
Finished Goods Inventory	$ 1100	$1,359

**Hints - be clear you understand the difference between direct and indirect costs of production. Be clear on the difference between materials PURCHASED and materials USED. What was the total manufacturing cost (product cost) incurred in June? What was the cost of direct materials used in production in June? What was the direct labour cost in June? What was the total manufacturing overhead costs in June? What was the cost of goods manufactured and the cost of goods sold in June? What were the prime costs, conversion costs and period costs in June? If the sales revenue in June was $950, what was the operating income before taxes?