Exercise $2-47($Algo$)$ Basic Concepts $($LO $2-1,2)$

The following data refer to the month of May for Bonita Components. Fill in the blanks.

$\backslash$table$[[$Direct materials inventory, May $1,],[$Direct materials inventory, May $31,4,100],[$Work$-$in$-$process inventory, May $1,4,200],[$Work$-$in$-$process inventory, May $31,5,400],[$Finished goods inventory, May $1,3,000],[$Finished goods inventory, May $31,700],[$Purchases of direct materials,$27,000],[$Cost of goods manufactured during the month,$89,000],[$Total manufacturing costs,$],[$Cost of goods sold,$91,300],[$Gross margin,$],[$Direct labor,$24,000],[$Direct materials used,$22,500],[$Manufacturing overhead,$109,600],[$Sales revenue,$]]$