Mansfeld Office Equipment manufactures and some shaving began operations on January 1, 2017 Click the icon to view the cos incurred during 2017) Click the icon to view the inventory data) Revenues in 2017 were $442,750. The seling price per unit and the purchase price per pound of direct materials were able toughout the year. The company's ending inventory of the goods scared the rest mandating cost for 2017. Finished goods inventory December 31, 2017, was 522.400 Read the requirements Requirement 1. Calculate direct materials inventory toalcos, December 31, 2017 Determine the formula, then calle ending direct materials total.com Ending direct materials in pounds. Det materiale cont per pound. Ending direct material total.com 124 Requirement 2. Calculate finished goods inventory, total units, December 31, 2017 Before we calculate the units for ending frihed goods, we will first calculate the total cost of goods manufactured a box is not used in the table, leave the box only do not enter a Manufacturing costs for 106.250 units Variable Fleed Total Direct materials used Direct manufacturing labor costs Plant energy costs Indirect manufacturing labor costs Other indirect manufacturing costs Cost of goods manufactured ck the icon to view the inventory data.) ase price per pound of direct materials were stable throughout the year. The company's ending inventory 00 31, X Data Table pour Inventory data are as follows: - 31. ate the ty; do not ente ,250 Beginning: Ending: January 1, 2017 December 31, 2017 Direct materials Olb 1,800 lbs Work in process O units O units Finished goods O units ? units Production in 2017 was 106,250 units. Two pounds of direct materials are used to make one unit of finished product. Print Done Clear All (Click the icon to view Revenues in 2017 were $442,750. The selling price per unit and the purchase price per cost for 2017. Finished-goods inventory at December 31, 2017, was $22,400. i Data Table Costs incurred for 2017 are as follows (V stands for variable; F stands for fixed): $144,500 V Direct materials used Direct manufacturing labor costs $30,000 V Plant energy costs $4,000 V Indirect manufacturing labor costs $12,000 V Indirect manufacturing labor costs $19,000 F Other indirect manufacturing costs $8,500 V Other indirect manufacturing costs $20,000 F Marketing, distribution, and customer-service costs $126,000 V Marketing, distribution, and customer-service costs $48,000 F Administrative costs $56,000 F Variable manufacturing costs are variable with respect to units produced. Variable marketing, distribution, and customer-service costs are variable with respect to units sold. Print Done parts 4 remaining