Read the requirements. Requirement 1. Analyze the inventory accounts to determine the cost of direct materials purchased during the year. Requirement 2. Analyze the inventory accounts to determine the cost of goods manufactured for the year. Requirements Analyze the inventory accounts to determine: 1. Cost of direct materials purchased during the year. 2. Cost of goods manufactured for the year 3. Cost of goods sold for the year. Requirement 3. Analyze the inventory accounts to determine the cost of goods sold for the year