Seattle Enterprises produces LCD touch screen products. The company reports the following information at December 31, 2012:

Seattle began operations on January 30, 2012.
Requirements
1. What is the cost of direct materials used? The cost of indirect materials used?
2. What is the cost of direct labor? The cost of indirectlabor?

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Finished goods inventory Materials inventory Work in process inventory 123,000 109,000 47,000 28,000 31,400 123,000 62,000 53,900 Manufacturing overhead Wages payable 74,000 3,400 53,900 12,000 36,500