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 ?