. The following costs and inventory data were taken from the accounts of Pius Company for 2019:

January 1, 2019 December 31, 2019

Inventories:

Raw materials $8,000 $ 7,000

Work in process 15,000 13,000

Finished goods 16,000 12,000

Costs incurred:

Raw materials purchases $88,000

Direct labour 42,000

Factory rent 8,000

Factory utilities 2,000

Indirect materials (inventoried separately from other materials) 4,000

Indirect labour 6,000

Selling expenses 5,000

Administrative expenses 12,000

a. Prepare a schedule showing the direct materials used in production during the year. (2 marks)

b. Calculate the amount of manufacturing overhead incurred during the year. (2 marks)

c. Prepare a schedule of Cost of Goods Manufactured for Pius Company for the year ended December 31, 2019 in good form. (4 marks) You may omit headings.

d. Prepare the Cost of Goods Sold section of the Income Statement for Pius Company for the year ended December 31, 2018 in good form. (2 marks) You may omit headings.