Various cost and sales data for Meriwell Company for the just completed year appear in the work- sheet below:

2 Microsoft Excel X " File Edit View Insert Format Tools Data Window Help X K) . E - 100% 12 - BIUR % :98 . A . E17 A B Finished goods inventory, beginning $20,000 2 Finished goods inventory, ending $40,000 3 Administrative expenses $110,000 Manufacturing overhead $105,000 Purchases of raw materials $125,000 6 Raw materials inventory, beginning $9,000 7 Raw materials inventory, ending $6,000 8 Direct labor $70,000 9 Work in process inventory, beginning $17,000 10 Work in process inventory, ending $30,000 11 Sales $500,000 12 Selling expenses $80,000 13 14 4 > Sheet1 / Sheet2