QUESTION 1 Boston Company has the following balances as of the year ended December 31, 2015. Direct Materials Inventory $15,000 Dr. WIP Inventory 34,500 Dr. Finished Goods Inventory 49,500 Dr. Cost of Goods Sold 74,500 Dr. Additional Information is as follows: Cost of direct materials purchased during 2015 $41,000 Cost of direct materials requisitioned in 2015 47,000 Cost of goods completed during 2015 102,000 Factory overhead applied (120% of direct labour) 48,000 Underapplied factory overhead 4,000 Required (SHOW ALL WORK): a. Compute beginning direct materials inventory. b. Compute beginning WIP Inventory. C. Compute beginning finished goods inventory. d. Compute actual factory overhead incurred. CAN