Tom's Incorporated incurred the following costs:

Depreciation on factory building $39,000

Direct labor 191,000

Direct materials inventory, beginning 25,000

Direct materials inventory, ending 22,000

Direct materials purchases 175,000

Factory supervisory salary 42,000

Finished goods inventory, beginning 35,000

Finished goods inventory, ending 34,000

Repairs of factory building 15,000

sales 720,000

Selling and administrative expenses 130,000

Utilies in factory 23,000

work in process inventory, beginning 16,000

work in process inventory, ending 13,000

REQUIRED:

Calculate the following values:

a. direct materials used

b. cost of goods manufactured

c. cost of goods sold

d. net income

e. prime costs

f. convesion costs