DO Profiles Tab Window Bookmarks Help Partial X The JV X C The JW X The JV X The JV X Beg W X The JV X 13940/quizzes/69134?module_Item_id=656210 QUESTIONZ The JW Bike Corp had the Following costs and Balances during the Month as follows: 1. Beg Work in Process = $1,000, End Work-in-Process=$12,000 2. Beg Finished Goods=$40,000, End Finished Goods=$1,000 3. Beg Raw Materials=$12,000, Raw Materials Purchased = $88,000, 4. Raw Materials Used Directly into Products = $67,000 5. Raw Materials Used IN-Directly =$32,000 6. Production Manager Salary =$23,000, Direct Labor Costs = $115,000 7. Accounting Salaries =$33,000, Finance Dept. Equipment =$8,000 8. VP of Operations = $20,000, Factory Tools =$44,000 9. Marketing Costs =$6,000, Factory Rent = $55,000, CPA Costs $21,000 10. Factory Security Costs $15,000, Advertising Costs = $7,000 11. Factory Utilities = $5,000, Human Resource Salaries =$31,000 12. The Amount Charged to Customers for the Bikes included a 60% Markup over Cost. ANSWER the FOLLOWING QUESTIONS 1.Compute the Ending Balance of RAW Materials = 1000 S i etv A g or Book At History low Bookmarks ProThes Partial X The JH QUIZ* Beg W X The JW X The JM X C The JV X The JV X n.edu/courses/13940/quizzes/89134?module_item_id=656210 ANSWER the FOLLOWING QUESTIONS 1.Compute the Ending Balance of RAW Materials = 1000 5 2.Compute the Total Manufacturing Overhead Costs Applied for the Month 194000 3. Compute the Total Manufacturing Costs added During the Month = 376000 4. Compute the Total Cost of Work-in-Process = 5. Compute The Cost of Goods Manufactured for the Month = 6. Compute The Cost of Sold for the Month = 7. Compute the Total Sales Revenue for the Month = 8. Compute the Gross Profit for the Month = 9. Compute the Net Income for the Month = li atv A A MacBook Air