The following data has been provided by the Howard Simon Corporation concerning last years operations:

Direct materials 18,000

Direct labor 58,000

Manufacturing overhead applied to Work in Process 75,000

Overapplied overhead 6,000

Beginning Ending

Raw Materials Inventory 13,000 19,000

Work in Process Inventory 64,000 74,000

Finished Goods Inventory 32,000 40,000

10. If Howard Simon purchased $30,000 of raw materials during the year, how much raw materials were used in production?

11. How much is Howard Simons Cost of Goods Manufactured?

12. Assuming that Howard Simon closes out overapplied overhead to Cost of Goods Sold, what was its Adjusted Cost of Goods Sold for the year?