Problem 1 Problem 2 Comprehensive Problem. Consider the following information: Inventories: Direct Materials Work in Process Finished Goods Problem 2 1 Cost Incurred; Direct materials purchases Direct Labor Factory Rent Factory Utilities Indirect Materials Indirect Labor Selling Expenses Administrative Expenses Prepare the following: A. Schedule of direct materials used 1-Jan-20 Problem 3 $11,000 13,000 9,500 3 points B. Compute the manufacturing overhead incurred during the period. C. Prepare a schedule of Cost of Goods Manufactured I 31-Dec-20 $8,000 12,000 6,500 $56,000 44,000 24,000 3,000 6,000 9,000 10,000 7,000 4 points 8 points.

Comprehensive Problem. Consider the following information. Prepare the following: A. Schedule of direct materials used 3 points B. Compute the manufacturing overhead incurred during C. Prepare a schedule of Cont of Goods Manufactured