Cost Definitions and Calculations For each of the following independent situations, calculate the missing values: 1. The Belen plant purchased $79,900 of direct materials during June. Beginning direct materials inventory was $2,400, and direct materials used in production were $72,900. What is ending direct materials inventory? $ 2. Forster Company produced 16,000 units at an average cost of $5.90 each. The beginning inventory of finished goods was $3,422. (The average unit cost was $5.90.) Forster sold 16,120 units. How many units remain in ending finished goods inventory? units 3. Beginning work in process (WIP) was $118,800, and ending WIP was $119,500. If total manufacturing costs were $342,750, what was the cost of goods manufactured? $ 4. If the conversion cost is $86 per unit, the prime cost is $56, and the manufacturing cost per unit is $107, what is the direct materials cost per unit? per unit 5. Total manufacturing costs for August were $422,000. Prime cost was $55,500, and beginning WIP was $73,000. The cost of goods manufactured was $454,000. Calculate the cost of overhead for August and the cost of ending WIP. Cost of overhead for August Ending WIP