COST DEFINITIONS AND CALCULATIONS For each of the following independent situations, calculate the missing values: 1. The Chico plant purchased $275,000 of direct materials during May. Beginning direct materials inventory was $16,000, and direct materials used in production were $200,000. What is ending direct materials inventory? 2. Landsman Company produced 10,000 units at an average cost of $6 each. The beginning inventory of finished goods was $3,510. (The average unit cost was $5.85.) Landsman sold 8,900 units. How many units remain in ending finished goods inventory? 3. Beginning WIP was $50,000, and ending WIP was $18,750. If total manufacturing costs were $93,000, what was the cost of goods manufactured? 4. If the conversion cost is $32 per unit, the prime cost is $19.50, and the manu- facturing cost per unit is $39.50, what is the direct materials cost per unit? 5. Total manufacturing costs for April were $156,900. Prime cost was $90,000, and beginning WIP was $60,000. The cost of goods manufactured was $125,000. Calculate the cost of overhead for April and the cost of ending WIP.