Using the following information compute the unknown amounts

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Reference no: EM13387503

Using the following information find the unknown amounts. Assume each set of information is an independent case.

a. Merchandise Inventory Purchases $210,000

Cost of goods sold 223,000

Beginning balance 41,000

Ending balance ?

b. Direct Materials Beginning balance $ 7,000

Ending balance 14,000

Purchases 48,000

Direct materials used ?

c. Work-in-process Inventory Ending balance $ 22,000

Cost of goods manufactured 21,000

Beginning balance 8,000

Current manufacturing costs ?

d. Finished Goods Inventory Cost of goods manufactured $62,000

Ending balance 20,000

Cost of goods sold 61,000

Beginning balance ?

Reference no: EM13387503

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