QUESTION 6 What are the raw materials used? Beginning Raw Materials : 75,000 Inventory Materials purchased: 20,000 Ending Raw Materials Inventory: 30,000 25000 20000 65000 45000 QUESTION 7 A company manufactured 50,000 units of a product at a cost of $250,000. The company sold 40,000 units for $10 cach. What is the gross margin? 150000 250000 400000 200000 QUESTIONS What is the amount of direct materials used? Work in Process, Beginning : 10,000 Work in Process, Ending: 15,000 Direct Labour Costs incurred, 4,000 Cost of Goods Manufactured: 8,000 Factory Overhead : 8,000 1000 4000 3000 7000