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Question 2 (4 points) The following information was obtained from the accounting records of Stevie Nicks Incorporated: Direct materials purchased Direct materials used Direct manufacturing

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Question 2 (4 points) The following information was obtained from the accounting records of Stevie Nicks Incorporated: Direct materials purchased Direct materials used Direct manufacturing labor costs $20,000 22.000 13,000 2.800 Indirect manufacturing labor costs Selling expenses Administrative expenses Factory utilities costs Rental cost of factory machines Work in process inventory, beginning Work in process inventory, end Finished goods inventory, beginning Finished goods inventory, end 6,000 12,000 3,000 8,000 0 o 4,000 12.000 What is Cost of Goods manufactured? Show all you calculations. Make sure to label your numbers (for example don't write 2+4 instead write DM 2 + DL 4) R 9

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