Question Completion Status: Mon Inc. a manufacturer of jewellery reported the following last month Assembly line, jewellery manufacturing salaries Finished goods inventory, beginning Finished goods inventory, ending General & administrative expenses Indirect materials requisitioned to factory Production Supervisor, Salary Purchases of raw materials Raw materials inventory, ending Raw materials inventory, beginning Rent on production factory Rent, retail store Sales Utilities on manufacturing factory Utilities, retail store Wages, retail staff WIP inventory, beginning WIP inventory, ending 18,000 17,000 20,000 22,000 17,500 21,000 28,000 19,000 18,000 19,000 18,000 200,000 17,500 17,000 20,000 18,500 21,500 Assume the Manufacturing Overhead is perfectly applied. Answer the following questions. NO COMMAS, NO S What is the cost of raw materials used in production? 27000 What is Direct Labour? 21000 What is Manufacturing Overhead? 72000