Happy Feet Shoe Company makes loafers. During the most recent year, Happy Feet incurred total manufacturing costs of $22.400,000. Of this amount, $1,900,000 was direct materials used and 515.800.000 was direct labor Beginning balances for the year were Direct Materials, $500.000. Work in Process Inventory, 51,400,000 and finished Goods Inventory $900,000. At the end of the year, balances were Direct Materials 5600,000; Work in Process Inventory S1.500.000, and finished Goods Inventory, 5430,000 Read the Requirement 1. Analyze the inventory accounts to determine the cost of Grect materials purchased during the year. Direct Materials Died Materials Used Being Dead Mt Ending Material Requirement 2. Analyze the Inventory accounts to determine the cost of goods manufactured for the yow Work in Process Beginning Works Process Inventory Direct Materials Used Director Enter any number in the edities and then continue to the next question Read the requirements. Direct Materiais Direct Materials Used Beginning Direct Materials Ending Direct Materials Purchases Requirement 2. Analyze the inventory accounts to determine the cost of goods manufactured for the year. Work-in-Process Beginning Work-in-Process Inventory Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs incurred during the Year Enter any number in the edit fields and then continue to the next question Total Manufacturing Costs incurred during the Year Total Manufacturing Costs to Account For Ending Work-in-Process Inventory Cost of Goods Manufactured Requirement 3. Analyze the inventory accounts to determine the cost of goods sold for the year. Finished Goods Beginning Finished Goods Inventory Cost of Goods Manufactured Cost of Goods Available for Sale Ending Finished Goods Inventory Cost of Goods Sold inter any number in the edit fields and then continue to the next