Problem 6 Picture Company employs normal costing for its production. The following data are provided during the current month Raw Material Inventory, beginning Raw Materials Inventory, ending.. Work in process, beginning 520.000 (including indirect materials 25,000) 575,000 (including indirect materials 30,000) 740,000 Work in process, ending. 700,000 Finished goods, beginning 950.000 Finished goods, ending 900,000 The entity incurred the following cost during the current month Purchase of raw materials and other inventory related expenses Cost of purchases based on invoices Trade discount already deducted from invoices 5,000,000 500,000