The following data refers to Huron Corporation for the year 20x2.

Sales revenue ................................ $2,105,000

Raw-material inventory, 12/31/x1 ................ 89,000

Purchases of raw material in 20x2 .............. 731,000

Raw-material inventory, 12/31/x2 ................ 59,000

Direct-labor cost incurred ............................. 474,000

Selling and administrative expenses ........... 269,000

Indirect labor cost incurred .......................... 150,000

Property taxes on factory ............................. 90,000

Depreciation on factory building .................. 125,000

Income tax expense ..................................... 25,000

Indirect material used ................................... 45,000

Depreciation on factory equipment ............. 60,000

Insurance on factory and equipment ........... 40,000

Utilities for factory ......................................... 70,000

Work-in-process inventory, 12/31/x1 ........... -0-

Work-in-process inventory, 12/31/x2 ........... 40,000

Finished-goods inventory, 12/31/x1 ............ 35,000

Finished-goods inventory, 12/31/x2 ............ 40,000

Applied manufacturing overhead ................. 577,500

Required: 1. How much of the manufacturing costs incurred during 20x2 remained associated with work-in process inventory on December 31, 20x2?

2. Suppose the company had increased its production in 20x2 by 20 percent. Would the direct material cost shown on the schedule have been larger or the same? Why?

3. Answer the same question as in requirement 2 for depreciation on the factory building.

4. Suppose only half of the $60,000 in depreciation on equipment had been related to factory machinery, and the other half was related to selling and administrative equipment. How would this have changed the schedule of cost of goods manufactured?