$ Beginning Finished Goods, 1/1/18 Beginning Raw Materials, 1/1/18 Beginning Work in Process, 1/1/18 Direct Labor for 2018 Ending Finished Goods, 12/31/18 Ending Raw Materials, 12/31/18 Ending Work in Process, 12/31/18 Material Purchases for 2018 (including $24,000 of indirect material) 25,900 37,300 112,100 277,100 24, 200 41,150 122,400 306,000 Required: 1. Compute direct material used. 2. Compute applied overhead if the company applies overhead at a rate of 0.93 (93%) of direct labor cost. 3. Compute total manufacturing cost. 4. Compute cost of goods manufactured. 5. Compute cost of goods sold. 1. 2. $ 3. Direct Material Used Applied Overhead Total Manufacturing Cost Cost of Goods Manufactured Cost of Goods Sold $ 271,700 257,703 806,503 796,203 797,903 4. 5. $