$ | Using the following information, answer the next 3 questions Administrative Expenses $ 686,200 Beginning Finished Goods $ 108,620 Beginning Raw Materials $ 427,150 Beginning WIP $ 20,625 Depreciation on Factory Equip $ 202,035 Direct Labor $ 756,908 Ending Finished Goods $ 93,612 Ending Raw Materials $ 501,302 Ending WIP $ 27,941 Factory Utilities $ 312,052 Indirect Materials Used from Raw Materials $ 87,712 Insurance (70% for factory 30% for admin) $ 210,855 Marketing Expenses $ 442,807 Raw Materials Purchases $ 2,422,920 Repair and Maintenance on Factory Equip $ 129,246 Sales $ 6,420,456 Supervision $ 294,485 $ $ $ Saved Question 1 (2 points) Direct Materials Used is: 3 2,422,920 2,261,056 9 -- 2,850,070 1 12 O$9,308,768 4 15 Question 2 (2 points) Cost of Goods Manufactured is closest to: 17 18 941,900 20 21 878,643 3,896,607 23 24 3,889,292 6 9 Question 3 (2 points) Cost of Goods Sold is closest to: A. 3,874,283 B. 3,904,300 C. 1,698,808 I D. 941,900 1 12 1,698,808 4 15 - 3,874,283 17 18 941,900 20 21 3,904,300