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Questions 4 through 5 are based on the following information of Rockeagle Corporation Rockeagle Corporation began fiscal Year 2 with the following balances in its

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Questions 4 through 5 are based on the following information of Rockeagle Corporation Rockeagle Corporation began fiscal Year 2 with the following balances in its inventory accounts, Raw Materials $ 30.000 Work in Process 45,000 Finished Goods 14,000 During the accounting period, Rockeagle purchased $125,000 of raw materials and issued $124.000 of materials to the production department Direct Tabor costs for the period amounted to $162,000, and manufacturing overhead of $24,000 was applied to Work in Process Inventory. Assume that there was no over- or underapplied overhead. Goods costing 5306.000 to produce were completed and transferred to Finished Goods Inventory, Goods costing $301,000 were sold for $400,000 during the period. Selling and administrative expenses amounted to $36,000 Question 4. Determine the ending balance of each of the three inventory accounts (Raw Materials, Work in Process, and Finished Goods) that would appear on the year-end balance sheet. Show your calculation Question 5. Calculate Total manufacturing costs AND Cost of goods manufactured. Show your calculation

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