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StorSmart Company makes plastic organizing bins. The a company has the following inventory balances at the beginning and end of March: Beginning Inventory Raw materials

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StorSmart Company makes plastic organizing bins. The a company has the following inventory balances at the beginning and end of March: Beginning Inventory Raw materials $28,700 Work in process 21,200 Finished goods 78,800 Ending Inventory $26,100 46,200 69,100 Additional information for the month of March follows: StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied Selling, general, and administrative expenses Sales revenue $ 41,200 1,500 63,600 36,300 23,600 237,200

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