The following inventory information is available for Hoobastank Enterprises for the year ended December $31,2022$:

Inventories Beginning Ending

Raw materials................................... $$11,000$ $ $8,000$

Work in process................................ $24,00021,000$

Finished goods................................. $12,00011,000$

Total........................................... $$47,000$ $$40,000$

In addition, the following transactions occurred in $2022$:

$1.$ Raw materials purchased on account, $$135,000.$

$2.$ Incurred factory direct labour, $$52,000$; all except $$2,000$ is paid.

$3.$ Incurred the following costs during the year, all of which are for the factory: Utilities $$1,800,$ Depreciation on manufacturing machinery $$12,000,$ Manufacturing machinery repairs $$1,200,$ Factory insurance $$4,300.$

$4.$ Assigned $$51,000$ of direct factory labour to jobs.

$5.$ Incurred $$1,000$ of indirect labour.

$6.$ Applied $$20,500$ of overhead to jobs.

Instructions $-$

From an analysis of the accounts, calculate the following:

i$.$ Raw materials used. $($no comma, no $$,$ no decimals$)$

ii$.$ Completed jobs transferred to finished goods. $($no comma, no $$,$ no decimals$)$

iii. Cost of goods sold. $($no comma, no $$,$ no decimals$)$

iv$.$ Under$-$ or over$-$applied overhead. $($no comma, no $$,$ no decimals$)$

$($no comma, no $$,$ no decimals$)$