Unique Displays designs and manufactures diaplays used in mobile devices. Serious fooding throughout the region and the company's computer sysla, affected Unique Displays factes Inventory was completely accounting records, was destroyed (Click the icon to view additional information) Start by determining the ending inventory of rew materials by calcula Data table Unique Displays Calculation of Direct Materials Used For Current Year Beginning raw materiale inventory Pluk Purchases of dract materials Direct materials available for use Less Ending raw materials inventory Direct materials used Next, determine the ending Inventory of work in process by calculating Unique Diaplays Calculation of Cost of Goods Manufactured The beginning inventory s Cu the int Requirement Determine the ending inventories of raw ma work in process, and trished goods Am Materials Inventory contains only direct ma Raw materiale, $100,000 Work in process, $15,000 Finished goods, $187,000 He remembers several schedules he leamed in colage that may help get started Print Done Unique Displays designs and manufactures diaplays used in mobile devices. Serious flooding throughout the region affected Unique Displays facilities, Inventory was completely ruined, and the company's computer system, including all accounting records, was destroyed. Click the icon to view additional information) More info Start by determining the ending inventory of raw materials by ca Before the disaster recovery specialets clean the buildings, Maggle Calhoun, the company controller, is ardous 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 Tony Martinez, the cost accountant. Unique Displays 1 didn't know mud could small so bad," Tony says. "What should I be looking for? Calculation of Direct Materials Used For Current Year "Don't worry about beginning inventory numbers," responde Maggie "We'll get them from last year's annual report. We need first-quarter coat data Beginning raw materials inventory Plus: Purchases of direct materials 1 was working on the first-quarter results just before the storm hit," Tony says. "Look, my reports still in my desk drawer. But all I can make out is that for the first quarter, material purchases were $553,000 and that direct labor, manufacturing overhead (other than indirect materiale), and total manufacturing costs to account for were 1545,000 $206,000 and $1,500,000, respectively. Wait, and cost of goods available for sale was $1,615,000. Direct materials available for use Less Ending raw materials inventory "Great" says Magple "1 remember that sales for the period ware approximately $1.6 million Given our gross profit of 20%, that's all you should need." Tony is not sure about that, but decides to see what he can do with this information Direct materials used Next, determine the ending inventory of work in process by cal Unique Displays Print Done Calculation of Cost of Goods Manufactured For Current Year Direct materials used The beginning inventory numbers are as follow (Click the icon to view beginning inventory numbers work in process, and frished goods. Assum Unique Displays designs and manufactures diaplays used in mobile devices. Serious fooding throughout the region and the company's computer sysla, affected Unique Displays factes Inventory was completely accounting records, was destroyed (Click the icon to view additional information) Start by determining the ending inventory of rew materials by calcula Data table Unique Displays Calculation of Direct Materials Used For Current Year Beginning raw materiale inventory Pluk Purchases of dract materials Direct materials available for use Less Ending raw materials inventory Direct materials used Next, determine the ending Inventory of work in process by calculating Unique Diaplays Calculation of Cost of Goods Manufactured The beginning inventory s Cu the int Requirement Determine the ending inventories of raw ma work in process, and trished goods Am Materials Inventory contains only direct ma Raw materiale, $100,000 Work in process, $15,000 Finished goods, $187,000 He remembers several schedules he leamed in colage that may help get started Print Done Unique Displays designs and manufactures diaplays used in mobile devices. Serious flooding throughout the region affected Unique Displays facilities, Inventory was completely ruined, and the company's computer system, including all accounting records, was destroyed. Click the icon to view additional information) More info Start by determining the ending inventory of raw materials by ca Before the disaster recovery specialets clean the buildings, Maggle Calhoun, the company controller, is ardous 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 Tony Martinez, the cost accountant. Unique Displays 1 didn't know mud could small so bad," Tony says. "What should I be looking for? Calculation of Direct Materials Used For Current Year "Don't worry about beginning inventory numbers," responde Maggie "We'll get them from last year's annual report. We need first-quarter coat data Beginning raw materials inventory Plus: Purchases of direct materials 1 was working on the first-quarter results just before the storm hit," Tony says. "Look, my reports still in my desk drawer. But all I can make out is that for the first quarter, material purchases were $553,000 and that direct labor, manufacturing overhead (other than indirect materiale), and total manufacturing costs to account for were 1545,000 $206,000 and $1,500,000, respectively. Wait, and cost of goods available for sale was $1,615,000. Direct materials available for use Less Ending raw materials inventory "Great" says Magple "1 remember that sales for the period ware approximately $1.6 million Given our gross profit of 20%, that's all you should need." Tony is not sure about that, but decides to see what he can do with this information Direct materials used Next, determine the ending inventory of work in process by cal Unique Displays Print Done Calculation of Cost of Goods Manufactured For Current Year Direct materials used The beginning inventory numbers are as follow (Click the icon to view beginning inventory numbers work in process, and frished goods. Assum