Problems. Choose TWO out of the following THREE questions to answer. Each is worth 12.5 points. 1) Gustav Machinery Works uses a job cost system. The company provides the following information related to the Work in Process account for the current month. (12.5 points) Beginning balance, WIP Direct material used Direct labor incurred Manufacturing overhead applied Ending balance, WIP $25,000 $28,000 $20,000 $35,000 $11,500. Required: Determine the Cost of Goods Manufactured during January