rcise 6 Jojo Co. had the following balances and information for October Beg. finished goods inventory = $48 Beg. work in process inventory = $8 Beg. raw materials inventory = $24 End, finished goods inventory = $24 End, work in process inventory = $16 End. raw materials inventory = $40 Raw material purchases = $160 Factory wages paid = $240 Indirect materials = $16 Indirect labor = $56 Other overhead costs = $144 Sales = $880 Predetermined overhead rate = 200% direct materials Preueterieu Uverledu idle-2000 Ulleul Tildlendis 144 128 + a) Cost of raw materials used equals: b) Cost of direct materials equals: c) Cost of direct labor equals: d) Manufacturing overhead applied equals: e) Total manufacturing costs equal: f) Cost of goods manufactured equals: g) Cost of goods sold* equals: h) Gross profit equals: * Don't worry about over or underapplied overhead