Short Answer Use the information below to answer the following question(s). Frederick Inc, had the following activities during 2018: Direct materials: Beginning inventory $40,000 Purchases 122,800 Ending inventory 20,200 Direct manufacturing labour 2 9,000 Manufacturing overhead 26,000 Beginning work-in-process Inventory 1,300 Ending work-in-process inventory 7,000 Beginning finished goods Inventory 42,000 Ending finished goods inventory 23,000 Required: 7. What is the cost of direct materials used during 2018? 8. What are the total manufacturing costs incurred for 2018? 9. What is cost of goods manufactured for 2018? 10. What is cost of goods sold for 2018