Finding Missing Data A new computer virus (AcctBGone) destroyed most of the company records at BackupsRntUs. The computer experts at the company could recover only a few fragments of the company’s factory ledger, as follows:

Required Determine the following amounts:

a. Work-in-process inventory, February 29.

b. Direct materials purchased during February.

c. Actual manufacturing overhead incurred during February.

d. Cost of goods sold for February.

Direct Materials Inventory Work-In-Process Inventory BB (2/1) 90,000 BB (2/1) 27,000 Finished Goods Inventory Cost of Goods Sold EB (2/29) 66,000 Manufacturing Overhead Accounts Payable 54,000 EB (2/29) Further investigation and reconstruction from other sources yielded the following additional information. The controller remembers clearly that actual manufacturing overhead costs are recorded at $18 per direct labor-hour. (The company assigns actual overhead to Work-in-Process Inventory.) The production superintendent's cost sheets showed only one job in Work-in-Process Inventory on February 29. Materials of $15,600 had been added to the job, and 300 direct labor-hours had been expended at $36 per hour. The Accounts Payable are for direct materials purchases only, according to the accounts payable clerk. He clearly remembers that the balance in the account was $36,000 on February 1. An analysis of canceled checks (kept in the treasurer's office) shows that payments of $252,000 were made to suppliers during the month. The payroll ledger shows that 5,200 direct labor-hours were recorded for the month. The em- ployment department has verified that there are no variations in pay rates among employees (this infuriated Steve Fung, who believed that his services were underpaid). Records maintained in the finished goods warehouse indicate that the finished goods inventory totaled $108,000 on February 1. The cost of goods manufactured in February was $564,000.