The financial records of Ram Company have been destroyed in a fire. The following information has been obtained from a separate set of books maintained by the accountant. The accountant now requires your assistance in computing the missing items. Direct Materials Inventory Beg Bal P8,000 Purchases? Transferred out ? Work in Process Inventory Beg Bal P7,500 Materials P18,000 LaborP13,500 Transfer out Mfg. OH P8,000 End Bal? End Bal P6, 400 Finished Goods Inventory Cost of goods sold P57,000 Transfer out Beg Bal? Transfer in P39.500 End Bal. P4,200 16. What is the amount of direct materials transferred out? 17. What is the amount of direct materials purchased? 18. What is the cost of goods transferred out of work in process? 19. What is the ending work in process inventory? 20. What is the cost of goods transferred out of finished goods inventory