Question 4:

During FY 2018 Bay Manufacturing had total manufacturing costs are $432,000. Their cost of goods manufactured for the year was $425,000.The January 1, 2019 balance of Work-in-Process Inventory is $56,000. Use this information to determine the dollar amount of the FY 2018 beginning Work-in-Process Inventory. (Round dollar values & enter as whole dollars only.)

Question 5:

Frederick Company's January 1, 2018 finished goods inventory was $46,000. The January 1, 2019 finished goods inventory is $93,000.Cost of goods manufactured for the FY 2018 was $373,000. Use this information to determine the dollar amount of the FY 2018 cost of goods sold. (Round dollar values & enter as whole dollars only.)