Flex Displays designs and manufactures displays used in mobile devices. Serious flooding throughout the region affected Flex Displays' facilities. Inventory was completely ruined, and the company's computer system, including all accounting records, was destroyed. (Click the icon to view additional information.) The beginning inventory numbers are as follows: (Click the icon to view beginning inventory numbers.) Requirement Determine the ending inventories raw materials, work in process, and finished goods. Assume that Raw Materials Inventory contains only direct materials. Start by determining the ending inventory of raw materials by calculating the direct materials used. Flex Displays Calculation of Direct Materials Used For Current Year Beginning raw materials inventory 103000 Plus: Purchases of direct materials 520000 Direct materials available for use 623000 Less: Ending raw materials inventory Direct materials used Flex Displays designs and manufactures displays used in mobile devices. Serious flooding throughout the region affected Flex Displays' facilities. Inventory was completely ruined, and the company's computer system, including all accounting records, was destroyed. (Click the icon to view additional information.) The beginning inventory numbers are as follows: B (Click the icon to view beginning inventory numbers.) Requirement Determine the ending inventories of raw materials, work in process, and finished goods. Assume that Raw Materials Inventory contains only direct materials. Calculation of Cost of Goods Manufactured For Current Year Plus: Less: Flex Displays designs and manufactures displays used in mobile devices. Serious flooding throughout the region affected Flex Displays' facilities. Inventory was completely ruined, and the company's computer system, including all accounting records, was destroyed. (Click the icon to view additional information.) The beginning inventory numbers are as follows: B (Click the icon to view beginning inventory numbers.) .... Requirement Determine the ending inventories of raw materials, work in process, and finished goods. Assume that Raw Materials Inventory contains only direct materials. Finally, determine the ending inventory of finished goods by calculating the cost of goods manufactured. Flex Displays Calculation of Cost of Goods Sold For Current Year Plus: Less