Question 9 W The following data (in thousands of pounds) have been taken from the accounting records of Clair Company for the just-completed year:- Sales 830 Raw materials inventory, beginning 50 Raw materials inventory. ending 40 Purchases of raw materials 150 Direct IabOur 140 Manufacturing overhead 160 Administrative expenses 120 Selling expenses 150 Work in process inventory, beginning 30 Work in process inventory, ending 50 Finished goods inventory, beginning 80 Finished goods inventory, ending 100 The cost of goods manufactured (finished) for the year (in thousands of pounds) was:- Question 10 Dundee Company's beginning and ending inventories for the month ofJanuary were as follows:- Direct Materials 80,000 78,000 Work in Process 155,000 166,000 Finished Goods 90,000 88,000 Production data for the month follow:- Direct labour cost incurred 215,000 Actual manufacturing overhead cost incurred 145,000 Direct materials purchases 160,000 Dundee applies the manufacturing overhead cost tojobs at the rate of 75% of the direct labour cost incurred. This rate has been used for many years. The company does not close the under-or overapplied manufacturing overhead to the Cost of Goods Sold until the end of the year. Dundee Company's cost of goods manufactured forJanuary was:- 527,250 0 499,000 497,000 @ 490,250