$"$Of all the times this hard drive could crash, it had to be now" Karen cried. "How can I finish the June financial reports without all the

information? I knew I should have backed up the disk last night before I left work." News of the disaster traveled quickly through the

office, and people began to stop by her cubicle to offer their help.

Paul was the first to the rescue. $"$It might not be as bad as you think, Karen. I have the financial reports from May right here. According

to the balance sheet, we had a total inventory of $$140,000$ at the end of May. And I remember that the Finished Goods Inventory was

$70\%$ of that amount."

"I just finished the imventory counts last night," Mark chimed in from across the hall. "According to my tally sheets, we finished June

with $$32,000$ in Direct Materials Inventory, $$21,000$ in Work in Process Imventory, and $$43,000$ in Finished Goods Inventory. This was

a $25\%$ increase from the balance in Direct Materials Inventory at the end of May. I bet with a little more imvestigative work, we can get

all the numbers you need to complete the reports."

Betty called from Payroll to tell Karen that the company had paid a total of $$24,000$ for direct labor during June. Juan, the billing

supervisor, e$-$mailed Karen that the compary had sent out invoices to customers totaling $$411,000.$

Karen knew that the overhead rate was $200\%$ of direct labor costs. She also knew that the company priced its product using a $100\%$

markup on the cost of goods sold. Armed with all this information, she sat down to reconstruct the inventory accounts for June.

$(1)$ Calculate the beginning finished goods. $($Round answer to the nearest dollar amount, e$.$g$.5,275.)$

Beginning finished goods $

$(2)$ Calculate the beginning direct materials.

Beginning direct materials $

$(3)$ Calculate the beginning work in process.

Beginning work in process $

$(4)$ Calculate the cost of goods sold. $($Round answer to the nearest dollar amount, e$.$g$.5,275.)$

Cost of goods sold $

$(5)$ Calculate the cost of goods manufactured. $($Round answer to the nearest dollar amount, e$.$g$.5,275.)$

Cost of goods manufactured $

$(6)$ Calculate the direct material used. $($Round answer to the nearest dollar amount, e$.$g$.5,275.)$

Direct material used $

$(7)$ Calculate the amount of purchases. $($Round answer to the nearest dollar amount, e$.$g$.5,275.)$

Purchases $

$(8)$ State the amount of direct labor for the month.

Direct labor $

$(9)$ Calculate the amount of applied overhead.

Overhead $