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PROBLEM endond Coporation has provided the following data for the month of February: Sales $280,000 Raw materials purchases..$26,000 Direot labor oost... Manufacturing overhead.$77,000 Selling expense Administrative expense.$35,000 $42.000 $20,000 Inventories Beginning Ending Raw materials$22,000 $33,000 Work in process.. $15,000$23,000 Finished goods$52.000 $43,000 Required: 1) Prepare a Schedule of Cost of Goods Manufactured in good form for February 2) Calculate Prime cost 3) Calculate the Conversion 4) Calculate total Period cost ROBLEM III mplex Company has the following estimated costs for next yer ireot materials $15.000 2) Calculate Prime cost 3) Calculate the Conversion 4) Calculate total Period cost PROBLEM III Simplex Company has the following estimated costs for next year: Direct materials Direct labor. Sales commissions.. Salary of produotion supervisor Indirect materials.. Advertising expense Rent on factory equipment$16,000 $15,000 ..$55,000 $35,000 $5,000 $11,000 Simplex estimates that 10,000 direct labot hours and 16,000 machine-hours during the year. Overhead is applied on the basis of machine-hours. Actual 12,000. Required: Calculate: 1) Predetermined overhead rate 2) Total n anufacturing cost