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Presented below is selected information from the Kudlick Company's current period accounting records (in $000s) Sales: $25,000; Raw Materials Used: 5,500 Direct Labor Costs:2,000 Period

Presented below is selected information from the Kudlick Company's current period accounting records (in $000s)

Sales: $25,000;

Raw Materials Used: 5,500

Direct Labor Costs:2,000

Period Costs (Selling and Administrative): 5,000

Beginning Raw Material Inventory:600

Ending Raw Material Inventory:2,000

Net Income: 600

Beginning Work-in-Process Inventory:0

Ending Work-in-Process Inventory:600

Beginning Finished Goods Inventory:1400

Ending Finished Goods Inventory:800

* NOTE: All raw materials used were direct materials.

Required: Determine the following (in dollars):

a. Raw Material Purchases

b. Gross Profit

c. Cost of Goods Manufactured

d. Manufacturing Overhead

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