Question 19 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 $289,000. (a) Calculate the missing values in the schedule below. Work in Process Finished Goods Materials $104,600 Purchases Beginning Inventory (e) 16,500 $8,500 $ Ending Inventory (a) 19,900 18,900 90,500 Direct Materials Used Direct Labour (b) Manufacturing Overhead (including indirect materials of $9,400) Transferred to Finished Goods 115,100 (c) Cost of Goods Sold (d)