The following information is available for the Blizzard Corporation for $203$ :

Materials inventory decreased $$4,000$ during $203.$

Materials inventory on December $31,203,$ was $50\%$ of materials inventory on January $1,20$X$3.$

Beginning work in process inventory was $$140,000.$

Ending finished goods inventory was $$65,000.$

Purchases of direct materials were $$150,000.$

Direct materials used were $2\mathrm{.}5$ times the cost of direct labor,

Manufacturing overhead was $50\%$ of the cost of direct labor.

Total manufacturing costs incurred were $$246,400,80\%$ of cost of goods manufactured and $$150,000$ less than cost of goods sold.

Compute:

a$)$ finished goods inventory on January $1,203$

b$)$ work in process inventory on December $31,203$

c$)$ direct labor incurred

d$)$ manufacturing overhead incurred

e$)$ direct materials used

f$)$ materials inventory on January $1,203$

g$)$ materials inventory on December $31,203$

Note to students: The solutions to this problem are not necessarily calculated in alphabetical order.