Problem $2(15$ points$)$

The following cost and inventory data were taken from the records of the Beca Company for the year $2022$:

Costs incurred:

Inventories:

Required:

$($a$)$ Show computation of direct materials used in production for $2022$

$($b$)$ Show the schedule and compute the cost of goods manufactured for $2022.$

$($c$)$ Prepare a cost of goods sold statement$/$schedule for $2022.$

$($d$)$ Prepare an income statement for $2022$