PLEASE SOLVE POINT D)

5.- The Company Maderas Industrializadas, S. A. carried out the following operations during the month of March 2020: a) Direct raw material purchase 50,000.00 b) Sending materials direct to production in process 30,000.00 c) Return of direct material to suppliers 2,000.00 d) Direct paid labor 25,000.00 e) Indirect labor paid 5,000.00 f) Indirect manufacturing costs applied to production 40,000.00 g) Other indirect manufacturing expenses incurred during the month were for $ 30,000.00 that include $5,000.00 of depreciation of machinery. h) Products in process transferred to the finished products warehouse, $ 75,000.00 j) Cost of the goods sold in March before making the adjustment of the sub or over application $ 45,000.00 k) Sales $ 100,000.00 The company had the following balances at the beginning of the month: Direct raw material inventory Inventory of products in process Inventory of finished products 65,000.00 40,000.00 50,000.00 It is requested: a) Prepare the Statement of Cost of Production and Sales. b) Determines the value of the ending inventory of direct materials, products in process and finished products as of March 30, 2020. c) Determine the Sub-application or over-application of GIF's and make the adjustment. d) Calculate the adjusted Cost of Sales