Q.4 FNS manufacturing company submits the following information on June 30, Sales for the year 450,000 Raw material inventory, July 1, 2004 15,000 Finished goods inventory, July 1, 2004 70,000 Purchases 120,000 Direct labor 65,000 Power, heat and light 2,500 Indirect material purchased and consumed 4,500 Administrative expenses 21,000 Depreciation of plant 14,000 Selling expenses 25,000 Depreciation of building 7,000 Bad debts 1,500 Indirect labor 3,000 Other manufacturing expenses 10,000 Work in process, July 1, 2004 14,000 Work in process, June 30, 2005 19,000 Raw materials inventory, June 30, 2005 21,000 Finished goods inventory, June 30, 2005 60,000 Required: 1) Calculate cost of raw-material consumed 2) Calculate prime cost 3) Calculate total factory cost