7. (3,5 Points) D&l Supplies, Inc. selected cost data for the year are shown below: Work-in-Process Inventory, Jan. 1 Direct Materials Used Work-in-Process Inventory, Dec. 31 Cost of Goods Manufactured $5,860 102,000 2,870 193,800 Required: Assuming manufacturing overhead costs of $27,820, what is the amount of direct labor incurred by D&I Supplies, Inc. during the year? 8. (3,5 Points) Houston Corporation reports the following cost information for March: Cost of Goods Manufactured $71,000 Manufacturing Overhead 19,000 Finished Goods Inventory, March 1 8,000 Finished Goods Inventory, March 31 2,000 9,660 1,260 36,500 Work-in-Process Inventory, March 1 Work-in-Process Inventory, March 31 Direct Labor Required: What is the amount of direct materials used by the company in March? 9. (3,5 Points) A corporation used $35,000 of direct materials and incurred $73,000 in direct labor cost, and $112,500 in manufacturing overhead costs during the period. Required: What is the cost of goods manufactured if the beginning and ending Work-in-Process Inventories were $28,000 and $21,500, respectively? 10. (3,5 Points) The following information has been provided by Squash Corporation: Direct Labor Direct Materials Used Raw Materials Purchased Cost of Goods Manufactured $6,300 2,700 8,000 18,000 1,200 300 510 Ending Work-in-Process Inventory Corporate Headquarters' Property taxes Manufacturing Overhead Incurred Required: What is the beginning balance of Work-in-Process Inventory account