QUESTION 15 Answer savedPoints out of 25.00P Flag question Dudley Manufacturing shows the following information: Inventories: Materials Work in process Finished goods Beginning Ending 59,000 $ 22,000 61,000 49,000 103,000 48,000 Other Information: Direct Labor Indirect Labor Cost of material purchased Administrative expenses Sales for the period were $950,000 Required: 1. Compute the amount of direct materials used. Show your computations 2. Compute the amount of cost of goods manufactured. Show your computations 3. Compute the amount of cost of goods sold. Show your computations 4. Compute the amount of net income assuming income tax expense was $200,000. Show your computations 121,000 Factory Insurance $ 31,000 Factory taxes 152,000 Factory utilities 51,000 Selling expenses 25,000 6,000 18,000 42,000