Reference no: EM132502208

The following is selected financial data from Turtle Bay Manufacturing for the most recent year.

Ending raw materials inventory                             ? $21,500

Ending work in process inventory                          ? $44,400

Ending finished goods inventory                             ? $53,300

Amount of underallocated manufacturing overhead     ? $5,600

Cost of goods sold for year                                   ? $85,100

Cost of raw materials purchased during year            ? $45,500

Cost of direct materials requisitioned during year        ? $44,800

Cost of indirect materials requisitioned during year       ? $8,100

Cost of goods completed during year                         $120,900

Manufacturing overhead allocated                              $60,000

Manufacturing overhead? % of direct labor cost                  135%

Question 1: What is the beginning work in process? inventory?