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Need asnwer to these 3 questions. Please and thanks. The following information has been extracted from the records of ABC Company: Finished goods, January 1,

Need asnwer to these 3 questions. Please and thanks.

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The following information has been extracted from the records of ABC Company: Finished goods, January 1, 2019 Direct materials, January 1, 2019 Finished goods, December 31, 2019 Workinprocess, January 1, 2019 Direct materials, December 31, 2019 Workinprocess, December 31, 2019 Marketing and customer services costs Direct materials purchased Direct manufacturing labor Indirect manufacturing labor Amortization Plant, property & equipment Plant Utilities Plant Supplies Required: Compute the Direct Materials used. Compute cost of goods manufactured if Direct Materials used is: $ 250,000 Compute the Cost of Goods Sold if Cost of Goods manufactured is: $ 500,000 80,000 60,000 24,000 20,000 10,000 4,000 80,000 160,000 80,000 40,000 18,000 10,000 34,000 9$$$$$$$$$$ (3 Marks) (5 Marks) (2 Marks) ll

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