The JW Bike Corp had the Following Costs and Balances during the Month as Follows; 1. Beg Work in Process = $1,000, End Work-in-Process=$12,000 2. Beg Finished Goods-$40,000, End Finished Goods=$1,000 3. Beg Raw Materials=$12,000, Raw Materials Purchased = $88,000, 4. Raw Materials Used Directly into Products = $67,000 5. Raw Materials Used IN-Directly =$32,000 6. Production Manager Salary =$23,000, Direct Labor Costs = $115,000 7. Accounting Salaries $33,000, Finance Dept. Equipment =$8,000 8. VP of Operations $20,000, Factory Tools = $44,000 9. Marketing Costs =$6,000, Factory Rent = $55,000, CPA Costs $21,000 10. Factory Security Costs $15,000, Advertising Costs = $7,000 11. Factory Utilities = $5,000, Human Resource Salaries =$31,000 12. The Amount Charged to Customers for the Bikes included a 60% Markup over Cost.