$ Inventory Raw materials Work in process Finished goods Total inventory Beginning 10,000 11,000 14,000 35,000 Ending 9,500 12,500 13,500 i 35,500 $ Item Number of units Produced 240,000 Sold 240,000 $ Items Revenues Direct materials Direct labor Indirect labor (allocated) Factory supplies (allocated) Factory utilities (allocated) Factory depreciation (allocated) Selling expenses General expenses Administrative expenses Amount Cost behavior 460,000 Variable 122,000 1 Variable 92,000 Variable 8,000 Fixed 22,000 Fixed 14,000 Variable 90,000 Fixed 16,000 Variable 60,000 Fixed 40,000 Fixed LO2-2,3,4,5,6 % points each) Compute the following (insert Excel rows' cells to label and show all your work for full credit): a. Total prime cost b. Raw materials purchased c. Cost of goods manufactured d. Cost of goods sold e. Full absorption cost per unit f. Contribution margin per unit