The beginning inventory numbers are as follows: ' ' E (Click the Icon to view beginning inventory numbers.) Perfect Displays designs and manufactures displays used in'mobile devices. Serious ooding throughout the region affected Perfect Displays' facilities. Inventory was completely mined. and the company's computer system. including all accounting records. was destroyed. 0 (Click the icon to view additional information.) RIqt-Iirlmlnt Determine the ending Inventories of raw materials, work in pr: Inventory contains only direct materials. v Ending raw materials inventory -' :i- More info Data table Before the disaster recovery specialists clean the buildings, Louise Calvert. the company controller. ls anxious to salvage whatever records she can to support an insurance claim for the destroyed inventory. She is standing in what is left of the Accounting Department with Tad Powell. the cost accountant. 'I didn't Imow mud could smell so had.\" Ted says. 'What should I be looking for?" "Don't worry about beginning inventory numbers.' responds Louise. "We'll get them from last year's annual report We need rst-quarter cost data." ' - Raw materials. $94,000 0 Work In process. $210,000 - Finished goods. 5218.000 He remembers several schedules he learned In o rt d. "t was working on the rst-quarter results Just before the storm hit,\" Tad says. 'Look. my ate a report's still in my desk drawer. But all I can make out Is that for the rst quarter. material purchases were 5524.000 and that direct labor. manufacturing overhead (other than indirect materials). and total manufacturing costs to account for were $514,000; $190,000; and $1,504,000. respectively. Wait. and cost of goods available for sale was 31.470900." 'Grent.'i says Louise. 'I remember that sales for the period were approximately $1.6 million. Given our gross prot of 25%. that's all you should need.' Tad Is not sure about that. but decides to see what he can do with this information