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The following is data for a manufacturing company: Begin Direct Materials $ 2,000 Direct Labor $ 5,000 End Direct Materials 3,000 Begin Work-in-Process 4,000 End

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The following is data for a manufacturing company: Begin Direct Materials $ 2,000 Direct Labor $ 5,000 End Direct Materials 3,000 Begin Work-in-Process 4,000 End Work-in-Process 6,000 Manufacturing Overhead 12,000 Direct Materials Purchased 10,000 Cost of Goods Manufactured 24,000 Cost Goods Sold ? End Finished Goods 9,000 Gross Margin (Profit) ? Net Income ? Operating Expenses 6,000 What is the amount of Direct Materials used in production? O $12,000 O Cannot be determined O $ 9,000 $24,000 O $10,000

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