Question: After a computer failure, you are trying to reconstruct some financial results for the year just ended. While you know that backups are available, it

Problem 2-69 (Algo) Find the Unknown Information (LO 2-1, 6) 18 noints After a computer foilure, you are trying to reconstruct some financial results for the year just ended. While you know that backups are available, it will take too long to get the information you want. You have been able to collect the following information Swoped Direct materials inventory: January 1 (Beginning) Direct materials inventory, December 31 (Ending) work in process inventory, January 1 (lleginning) Work in process inventory, December 3i (Ending) Finished goods inventory, December 31 (Ending) Manufacturing overhead cost of goods manufactured during this year Total manufacturing costs Cost of goods sold Direct labor Average sales price per unit Gross margin percentage $2,000 2,310 5, 130 2. 470 3,510 5.720 23,670 10,010 23, 630 3.020 2 38.00 Required: a. Find the finished goods inventory, January 1 b. Find the direct materials used for the year c. Find the Sales revenue (Round your final answer to the nearest whole dollar) 14 18 po MAULANAN AYRIR Direct waterials inventory, December 31 (Ending) Work in process inventory, January 1 (Beginning) Work in process inventory, December 31 (Ending) Finished goods inventory, December 31 (Ending) Manufacturing overhead Cost of goods manufactured during this year Total manufacturing costs Cost of goods sold Direct Labor Average sales price per unit Gross margin percentage 12, 2,310 5,130 2.470 3,510 5, 720 21,670 19,010 21,630 3,020 2 38.00% Required: a. Find the finished goods inventory, January 1. b. Find the direct materials used for the year c. Find the sales revenue (Round your final answer to the nearest whole dollar.) a Finished goods inventory Direct materials used Sales revenue
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