S19-8 Boston Enterprises produces LCD touch screen products. The compar reports the following information at December 31, 2008. Boston began operations on January 30, 2008. Accounting for materials, labor, overhead, and completed goods 2 3 4 Materials Inventory 52,000 33,000 Work in Process Inventory 30,000 125,000 60,000 54,000 Finished Goods Inventory 125,000 110,000 Manufacturing Wages 72,000 72,000 Manufacturing Overhead 3,000 $4,000 12,000 37,000 1. What is the cost of direct materials used? The cost of indirect mate- rials used? 2. What is the cost of direct labor? The cost of indirect labor? 3. What is the cost of goods manufactured? 4. What is cost of goods sold (before adjusting for any under- or overal located manufacturing overhead)? (pp. 957-958)