Match: Accounting records indicate certain balances in the inventory accounts for the following dates:

	1/1/23	30/4/23
Materials inventory	16,000	42,000
Work in process inventory	34,000	28,000
Finished goods inventory	30,000	50,000

-Other data (applies to period 1/1 to 4/30) -Prime costs were $294,000 -Materials were purchased 10 times the amount of what was in materials inventory at the beginning of the year. -Direct labor costs represent 40% of the conversion costs. -The company generates, on average, a 20% gross margin.

Required: As of April 30, 2023 (or during the period between 1/1/23 and 4/30/23) calculate the following line items. 1. Cost of materials used (direct materials used) 2.Direct labor cost (direct labor) 3.Applied overhead costs (applied overhead) 4.Cost of manufactured goods 5.Cost of goods sold 6.Sales for the period 7.Gross profit for the period