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Fairfield Companys raw materials inventory transactions for the most recent month are summarized here: Beginning raw materials $ 10,300 Purchases of raw materials 105,000 Raw

Fairfield Companys raw materials inventory transactions for the most recent month are summarized here:

Beginning raw materials $ 10,300
Purchases of raw materials 105,000
Raw materials issued
Materials requisition 1445 47,500 For Job 101
Materials requisition 1446 38,500 For Job 102
Materials requisition 1447 11,500 Used on multiple jobs

1. How much of the raw materials cost would be added to the Work in Process Inventory account during the period?

2. How much of the raw materials costs would be added to the Manufacturing Overhead account?

3. Compute the ending balance in the Raw Materials Inventory account.

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