Using your knowledge in cost flow, analyze and answer the questions that follows.

Raw Materials Inventory

Debit l Credit Beginning 10,000 l ? Purchases 65,000 l ?

l

End 15,000 l =============

Work in Process Inventory

Debit l Credit Beginning 25,000 l ? Direct Materials ? l Direct Labor 75,000 l Factory Overhead 35,000 l

l End 40,000 l =============

Additional information:

Sales for the month P 210,000

Finished Goods beginning 15,000

Mark up on costs 40%

All finished goods were sold.

Based on the above information compute:

Indirect materials used of.