QUESTION 2 2. The following information has been taken from the perpetual inventory system of Imperial Mfg. Co. for the month ended September 30: Purchases of direct materials. $72,000 Direct materials used. $70,000 Direct labor costs assigned to production $40.000 Manufacturing overhead costs incurred $60.000 Balances in inventory Sept 30 Sept 1 Materials $60,000 Work in Process $35.000 $45.000 Finished Goods $88,000 $76,000 2.1. What does the total amount of inventory to be included in Imperial's September 30th balance sheet amounts to: 2.2. What are the Total manufacturing costs charged (debited) to Work in Process during September: 2.3. Calculate the cost of finished goods manufactured in September 2.4. Calculate the cost of goods sold in September: $