ompuny was organized on July 1. On that date the company purchased 35,000 plastic ed by an attractive logo. Each emblem cost Hawkins Company $2. with a peel-off adhesive backing. The front of the emblems contained the company's name, accompan During July, 31,000 emblems were drawn from the Raw Materials inventory account Of these ,000 were taken by the sales manager to an important sales meeting with prospective customers and handed out as an advertising gimmick. The remaining emblems drawn from inventory were aftixed to units of the company's product that were being manufactured during July. Of the units product having emblem sa mixed during July, 9090 were completed and transferred from Work inprocess to Finished Goods. Of the units completed during July, 75% were sold and shipped to customers. Required is hoees hat oear ineach f hefolncounts at buly Raw Materials Work in Process Finished Goods Cost of Goods Sold Selling Expense Total cost $70,000 Use the space below to show your work