Question: Please Help ME!!!Thank you! were Direct Materials, $700.000: Work-In-Process Inventory, $1.50p.000: and Finished Gcods Inventory, $400.000. At the end of the vear, balances were Direct

Please Help ME!!!Thank you! were Direct Materials, $700.000: Work-In-Process Inventory, $1.50p.000: and Finished Gcods Inventory, $400.000. At the end of the vear, balances

Please Help ME!!!Thank you!

were Direct Materials, $700.000: Work-In-Process Inventory, $1.50p.000: and Finished Gcods Inventory, $400.000. At the end of the vear, balances were Direct Materials. $800.000: Work-in-Process Inventory, $1.20o.000: and Finished Goods Inventory, $600,000 Read the requirements I direct materials purchased during the year Requirement 1. Analyze the inventory accounts to determine the cost. Direct Materials Direct Materials Used Beginning Direct Materials Ending Direct Materials Purchases i Requirements Analyze the inventory accounts to determine: 1. Cost of direct materials purchased during the year. 2. Cost of goods manufactured for the year. 3. Cost of goods sold for the year

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