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fill in missing areas February $20,000 March $10,000 E 30,000 January $ 0 20,000 90,000 200,000 50,000 125,000 160.000 K B 85.000 95,000 F 150,000

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February $20,000 March $10,000 E 30,000 January $ 0 20,000 90,000 200,000 50,000 125,000 160.000 K B 85.000 95,000 F 150,000 345,000 30,000 35,000 Beginning inventory, raw material Ending inventory, raw material Purchases of raw material Direct material Used in Production Direct labor Manufacturing overhead Total manufacturing costs Beginning inventory, work in process Ending inventory, work in process Cost of goods manufactured Beginning inventory, finished goods Ending inventory, finished goods Cost of goods sold Sales 520,000 0 35,000 15.000 30,000 490,000 G L 0 22,000 40.000 500,000 178,000 40,000 M 360,000 468,000 800.000 480.000 D 120,000 Gross margin Selling and administrative expenses 105,000 I 65,000 Net Income 227,000 103,000 N TTTT Paragraph Arial 3 (12pt)

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