Analying Activity in Inventory Accounts.Select data concerning operations of Cas

Analying Activity in Inventory Accounts.Select data concerning operations of Cascade Manufacturing Company for the pastfiscal yearfollow:Raw materialsused $300000Total manufacturing costs charged to production during the year (includes raw materialsdirect labor and manufacturing overhead applied at a rate of 60 percent of direct labor costs) 681000Cost of goodsavailable for sale 826000Selling and general expenses 30000Inventoriesbeginning EndingRaw materials $70000 $80000Work-in-process 85000 30000Finished goods90000 110000RequiredDetermined each of the following:a. Cost of raw materials purchasedb. Directlabor costscharged to productionc. Cost of goods manufacturedd. Cost of good sold