Question: Given Information is Below: Answer the orange boxes please! PLEASE ANSWER WITH THE FORUMULAS USED IN CALCULATION. Regarding Inventory: Work-in-process has a zero beginning and

Given Information is Below:

Given Information is Below: Answer the orange boxes please! PLEASE ANSWER WITH THE FORUMULAS USED IN CALCULATION. Regarding Inventory: Work-in-process has a zero beginning and ending balance. Direct Materials Inventory dollar amounts need to be rolled

Answer the orange boxes please! PLEASE ANSWER WITH THE FORUMULAS USED IN CALCULATION.

Regarding Inventory: Work-in-process has a zero beginning and ending balance. Direct Materials Inventory dollar amounts need to be rolled forward to get the ending balance: (Beginning + Purchased - Used = Ending) Finished Goods Inventory dollar amounts need to be rolled forward to get the ending balance: (Beginning + Produced Sold = Ending)

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