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This information was provided by Tamla Company for August 2020. $275,000 55,000 935,000 $302,500 110,000 825,000 Inventories (Beginning): Raw Materials Work in Process Finished Goods Inventories (Ending): Raw Materials Work in Process Finished Goods Additional Information: Administrative Expenses Direct Labor Factory Property Taxes Indirect Materials Marketing Costs Purchases of Raw Materials Sales Sales Commissions $1,925,000 1,100,000 550,000 1,100,000 1,512,500 1,375,000 8,250,000 82,500 2. What was the amount of raw 5 points materials used in production during August 2020?* $27,500 $1,347,500 $4,042,500 $4,097,500 None of the above 5 points 3. What was the amount of total work in process for August 2020?* $165,000 $4,097,500 $4,152,500 $4,207,500 None of the above 5 points 4. What was the amount of cost of goods manufactured for August 2020?* $4,042,500 $4,152,500 $4,207,500 $4,235,000 None of the above 5 points 5. What was the amount of total selling costs for August 2020? * $1,595,000 $3,520,000 $5,170,000 $8,250,000 P O None of the above 5 points 6. What was the amount of total period costs for August 2020? * $2,447,500 $3,520,000 $4,097,500 $7,617,500 None of the above 5 points 7. What was the amount of total product costs for August 2020?* $2,447,500 $3,520,000 $4,097,500 $7,617,500 None of the above 5 points 8. What was the amount of total prime costs for August 2020?* $2,447,500 $3,520,000 $4,097,500 $7,617,500 None of the above 5 points 9. What was the amount of total conversion costs for August 2020?* $2,447,500 $2,750,000 $3,520,000 $4,097,500 None of the above 5 points 10. What was the amount of cost of goods sold for August 2020?* $4,042,500 $4,097,500 $4,152,500 $4,207,500 None of the above

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