4.9, it was two separate pages so I did my best to combine them. Thank you!!
b. What was Favre's cost of goods sold for the period? 4.8 (LO 3) Inventory accounts Brinker International, Inc. is the parent company that owns casual dining chains Chili's Grill and Bar and Maggiano's Little Italy. You can learn more about the company at http://www.brinker.com. In its 2017 annual report, Brinker reported $24,997,000 in invento- ries on June 28, 2017. Would you expect Brinker to use all three categories of inventory-Raw Materials, Work in Process, and Finished Goods? Why or why not? 4.9 (LO 3) Inventory cost flows The following information is taken from the accounting records of four different companies. Provide the missing amounts. Assume there are no indirect materials used in the company's finished product. Company 1 Company 2 Company 3 Company 4 Direct Materials Inventory, beginning $ 15,000 ? $ 6,000 $130,500 Purchases of direct materials ? 93,200 51,600 220,800 Total direct materials available for use 394,000 101,300 ? Direct Materials Inventory, ending 26,000 ? 34,600 Direct materials used in production 71,200 Direct labor 212,000 ? 25,000 324,400 Total manufacturing overhead 254,400 97,500 64,300 Total manufacturing cost 195,000 138,300 913,200 Work in Process Inventory, beginning 147,500 38,000 Work in Process Inventory, ending 49,000 43,700 49,900 Cost of goods manufactured 817,400 103,450 920,300 Finished Goods Inventory, beginning 35,000 36,000 Cost of goods available for sale 393,000 140,050 ? Finished Goods Inventory, ending 14,600 42,400 Cost of Goods Sold 796,400 108,400 0 (LO 4) Appropriate manufacturing overhead application bases Discuss the appropriateness the manufacturing overhead application base used in each of the following examples. quired Barlowe Manufacturing produces cell phone covers. The manufacturing process is highly auto- . The company uses direct labor hours as its manufacture