21 The financial records for the Harrison Manufacturing Company have been destroyed in a fire. The following information has been obtained from a separate set of books maintained by the cost accountant. The cost accountant now asks for your assistance in computing the missing amounts. Direct Materials Inventory Beg. Bal. 9,300 ? Transferred Out Purchases ? Cost of Goods Sold 70,000 Transferred Out Work-in-Process Inventory Beg. Bal. 8,800 ? Materials 20,600 Labor 14,800 Overhead 9,300 End. Bal. End. Bal. 7,700 Finished Goods Inventory Beg. Bal. Transferred Out Transferred in End. Bal. 40, 800 5,500 What is the value of the beginning Finished Goods Inventory? Multiple Choice $0. $5,500 $14.600. o $34.700