Introduction to Accounting An Integrated Approach Eighth Edition Chapter 9 E9.3

.3 Tyrell Company had inventories at the beginning and end of June 2018 as follows: During June, Tyrell purchased direct materials of $400,000, incurred direct labor costs of $150,000, and applied manufacturing overhead of $250,000 to production. Show the flow of costs through the company's inventory accounts during June 2018