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BRIEF EXERCISE 16.4 Materials Inventory L016-4 Hefty Lift. Inc.. is a company that manufactures forklifts. During the year, Hefty purchased $1.250.000 of direct materials and

BRIEF EXERCISE 16.4 Materials Inventory L016-4 Hefty Lift. Inc.. is a company that manufactures forklifts. During the year, Hefty purchased $1.250.000 of direct materials and placed $1.600,000 worth of direct materials into production. Hefty's beginning balance in the Materials Inventory account was $450.000. What is the ending balance in Hefty's Materials Inventory account?

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