Unique Displays designs and manufactures displays used in mobile devices. Serious fooding trading all accounting records, was F (Click the icon 10 view beginning inventory numbers.) on WOONA) ' facilities. Inventory was completely , and the company's computer system, including , destroyed Click the icon to view additional Information.) The beginning inventory numbers are as follows: Requirement Determine the ending inventories af raw materials, work in process, and finished goods. Assume that Raw Materials Inventary contains only direct materials. HELE HE EITHIY HIVELY IN THILEHINE LJ Latulau HE UIEL. HIGHEISE LEEN. More Info $ Unique Displays Calculation of Direct Materials Used For Current Year Beginning raw materials inventary Plus: Purchases of direct materials Direct materials available for use Less: Ending raw materials inventory Direct materials used 75,000 533,000 608,000 112,000 $ 496,000 Next, determine the ending inventory of work in process by calculating the cost of goods manufactured Unique Displays Calculation of Cost of Goods Manufactured For Current Year Before the disaster recovery specialists clean the buildings, Louise Ditchey, the company controller, is 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 wth Trent Parker, the cost accountant. "I didn't know mud could smell so bed,' Trent 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 first quarter cost data." "I was working on the first quarter results just before the storm hit,' Trent says, "Look, my report's still in my desk drawer. But all I can make out is that for the first quarter, material purchases were 5533,000 and that direct labar, manufacturing overhead (other than indirect materials), and total manufacturing osts to account for were $551,000: $210,000; and $1,491,000, respectively. Wait, and cost of goods available for sale was $1,815,000." "Great," says Louise. "I remember that sales for the period were approximately $1.8 million. Given our gross profit of 30%, that's all you should need." Trent is not sure about that, but decides to see what he can do with this information 1 Data Table Plus Raw materials, S75,000 Work in process, $226,000 Finished goods, S213,000 He remembers several schedules he learned in college that may ha started Print Done Ponte Done Choose from any list or enter any number in the input fields and then click Check