Raw Materials WIP FG Nov.30-$10,000 Dec.31-$12,000 Nov.30-$15,000 Dec.30 $20,000 Nov.30-$7,500 Dec.31$10,000 Indirect Materials Indirect Labor Other OverHead Cost $5,000 $7,000 $30,000 Factory Payroll Raw Materials Sales $57,000 $40,000 $200,000 1. Compute cost of direct labor used. 2. Compute cost of direct materials used. 3. Compute cost of goods manufactured. 4. Compute cost of goods sold. (Do not consider any underapplied or overapplied overhead.) 70% preditermined overhead rate based on direct labor