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Vaughan Company uses a Job Order Cost system to account for its production. An examination of its ledger accounts at the end of the year

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Vaughan Company uses a Job Order Cost system to account for its production. An examination of its ledger accounts at the end of the year show the following: (note: FOH is applied based on DLS) Raw Materials Inv bb 20 160 WIP Inventory bb 10 ? DM ? DL 170 FOH 85 90 10 Wages Payable 190 ? FG Inventory bb 0 270 320 50 CGS FOH bb 0 90 85 bb 0 ? 2 5 1. The amount of indirect labor used this year is . (do not use a dollar sign only numbers!) 2. The Cost of Goods Manufactured this year is (do not use a dollar sign, only numbers!) 3. The Cost of Goods Sold (before considering over/underapplied FOH) this year is (do not use a dollar sign, only numbers!) 4. Sales this year were $400 and Selling & Administrative expenses were $70. Vaughan Company's net income is (do not use a dollar sign, only numbers

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