The following information relates to Stevens Company for June 20XX: Direct materials inventory, beginning balance $ 7,000

Direct materials inventory, ending balance 3,000

Work-in process inventory, beginning balance 5,000

Work-in-process inventory, ending balance 8,000

Finished goods inventory, beginning balance 10,000

Finished goods inventory, ending balance 12,000

Direct Labor 48,000

Direct materials purchases 26,000

Indirect labor 6,000

Depreciation: factory equipment 11,000

Depreciation: office equipment 4,000

Insurance, factory 3,000

Advertising expense 8,000

Repair and maintenance, factory 5,000 Question 1: (1.0 point) Required: Calculate the total factory overhead costs. Omit $ signs. Question 2: (1.0 point) Required: Calculate the cost of goods manufactured. Omit $ signs. Question 3: (1.0 point) Required: Calculate the cost of goods sold. Omit $ signs.