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 T u m Charaad to customers for the Richdadi = $31,000 12. The Amount Charged to Customers for the Bikes included a 60% Markup over Cost. ANSWER the FOLLOWING QUESTIONS 1.Compute the Ending Balance of RAW Materials = 39000 2.Compute the Total Manufacturing Overhead Costs Applied for the Month = 194000 3. Compute the Total Manufacturing Costs added During the Month = 194000 4. Compute the Total Cost of Work-in-Process = 371000 5. Compute The Cost of Goods Manufactured for the Month = 359000 6. Compute The Cost of Sold for the Month = 398000 6. Compute The Cost of Sold for the Month - 398000 7. Compute the Total Sales Revenue for the Month = 636800 8. Compute the Gross Profit for the Month = 238800 9. Compute the Net Income for the Month = 132800