PROBLEMS Instruction: Solve each problem by showing your solution in good form. Double rule your nal answer. i Problem 1-A {Computation of Manufacturing Costs) glets Sporting Goods Company manufactured 100,000 units in 2021 and reported the following costs: Sandpaper P 32,000 Leasing costs - plant P 384,000 Materials handling 320,000 Depreciation - equipment 224,000 Coolants 81 lubricants 22,400 Property taxes - equipment 32,000 Indirect manufacturing labor 225,200 Fire insurance - equipment 16,000 Direct manufacturing labor 2,126,000 Direct material purchases 3,136,000 Direct materials, 1(1321 304,000 Direct materials, 12/31f21 225,200 nished goods, 1f1f21 622,000 Sales revenue 12,300,000 Finished goods, 12i31f21 1,200,000 Sales commissions 640,000 Work-in-process, 1/1/21 96,000 Sales salaries 526,000 Work-in-process, 12f31{21 64,000 Advertising costs 480,000 Administration costs 300,000 Required: 1. What is the amount of direct materials used in 2021? 2. What manufacturing costs were added to WIP in 2021? 3. What amount of prime costs was added to production in 2021? 4. What amount of conversion costs was added to production in 2021? 5. How much is cost of goods manufactured in 2021? 6. How much is cost of goods sold in 2021