Calculation problem 1 (Questions 9 and 10) Relevant Information: Assume the following information pertaining to Moonbeam Company: Beginning Ending $124,000 Finished goods inventory (FGI) $130,000 85,000 104,000 Work in process inventory (WIPI) 117,000 130,000 Direct materials (DM) Costs incurred during the period are as follows: Total manufacturing costs (TMC) $896,000 Factory overhead (FO) 199,000 Direct materials used (DMU) 156,000 Question 9 calculation needed: Please calculate the Material Purchases. Assume the following information pertaining to Moonbeam Company: Beginning $130,000 Ending $124,000 Finished goods inventory (FGI) 85,000 104,000 Work in process inventory (WIPI) Direct materials (DM) 117,000 130,000 Costs incurred during the period are as follows: Total manufacturing costs (TMC) $896,000 Factory overhead (FO) 199,000 Direct materials used (DMU) 156,000 Question 10 calculation needed: Calculate the Cost of goods sold