Rexfield Company recorded the following transactions for the month of February: Sales were $420,000 for the month. Sales prices are determined by a markup on manufacturing cost of 40%. The costs of new inputs to the manufacturing process during the month were $285,000. Calculate the missing values in the schedule below:

Materials Work in Process Finished Goods Purchases $100,000 Beginning Inventory 16,000 (e) $8,000 18,000 Ending Inventory 18,000 Direct Materials Used 90,000 Direct Labour (b) Manufacturing Overhead (including indirect materials of $8,000)|| 115,000 Transferred to Finished Goods Cost of Goods Sold (d)