The following data refer to the month of May for Bonita Components. Fill in the blanks

2-47. Basic Concepts 2-1, The following data refer to the month of May for Bonita Components. Fill in the blanks. Direct materials inventory, May 1 Direct materials inventory, May 31 Work in-process inventory, May 1 Work in-process inventory, May 31 Finished goods inventory, May 1 Finished goods inventory, May 31 Purchases of direct materials Cost of goods manufactured during the month Total manufacturing costs Cost of goods sold Gross margin Direct labor Direct materials used Manufacturing overhead Sales revenue 2-48. Basic Concepts S 3,900 4,000 5,200 2,800 500 25,000 87,000 b. 89,300 d 22,000 20,500 108,000