Tyrell Company had inventories at the beginning and end of June 2018 as follows:During June, Tyrell purchased direct materials of $400,000, incurred direct labor costs of $150,000, and applied manufacturing overhead of $250,000 to production. Show the flow of costs through the company’s inventory accounts during June 2018.

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Direct materials inventory Work-in-process inventory Finished goods inventory June 1, 2018 June 30, 2018 $8,000 26,000 19,000 $15,000 46,000 30,000