Manufacturing overhead was $1500Please help with the:Cost of goods sold ?Finished goods ?Work in process?

were as follows: Ravsten Company uses a job-order costing system. On January 1, the beginning of the current year, the company's inventory balances Raw materials $18 , 000 Work in process $12 , 000 Finished goods $34, 000 The company applies overhead cost to jobs on the basis of machine-hours. For the current year, the company estimated that it would work 36,000 machine-hours and incur $160,200 in manufacturing overhead cost. The following transactions were recorded for the year: a. Raw materials were purchased on account: $210,000. b. Raw materials were requisitioned for use in production: $200,000 (80% direct and 20% indirect). c. The following costs were incurred for employee services: Direct labour $170 , 000 Indirect labour $ 29, 000 Sales commissions 38, 000 Administrative salaries $ 84 , 000 d. Heat, power, and water costs were incurred in the factory: $44,000. e. Prepaid insurance expired during the year: $12,000 (90% relates to factory operations, and 10% relates to selling and administrative activities). f. Advertising costs were incurred, $52,000. g. Depreciation was recorded for the year: $62,000 (85% relates to factory operations, and 15% relates to selling and administrative Prev 2 of 4 Next >