Reference no: EM132865042
Question - You have been trying to reconstruct the records of the PDEA Corporation. Some employees are suspected of having taken some inventories. Any are missing. Nevertheless, you have obtained the following data regarding the current year:
Administrative Expenses 1,125,000
Cost of Goods Sold 6,000,000
Direct Labor 2,250,000
Direct Materials Used 1,875,000
Factory Overhead 2,625,000
Finished Goods Inventory, end 2,850,000
Gross Profit 9,375,000
Raw Materials Purchased 3,000,000
Sales 15,375,000
Selling Expenses 1,500,000
Work In process, beg 750,000
Work In process, end 937,500
Required - Find the total finished goods inventory beginning?
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