The following cost data pertains to GHI Inc. for December 31^st, 2022:

Beginning Work-in-Process:	$	10,000
Ending Work-in-Process:	$	5,000
Direct Materials Used:	$	30,000
Direct Costs Incurred in Production:	$	30,000
Actual Indirect costs incurred in Production:	$	38,000
Beginning Finished Goods Inventories:	$	40,000
Ending Finished Goods Inventories:	$	20,000

Raw Materials on hand at the start of the period were $100,000. Raw Materials purchases were $100,000. Raw materials on hand at the end of the period were $120,000. The amount of Indirect Materials used in production during the period was:

Multiple Choice

• $100,000

• $120,000

• $20,000

• $50,000