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Q Marwan SU I ZU19-20-ACI 212-1 / General / Quiz z Question 3 The following information is available for Carter Corporation for 2019: Quiz naviga Not yet answered 1) Materials inventory decreased Dh4,000 during 2019. 1 2 3 Marked out of 2) Materials inventory on December 31, 2012, was 50% of materials inventory on January 1, 2019. 4.00 6 3) Beginning work in process inventory was Dh145,000. 7 Flag question 4) Ending finished goods inventory was Dh65,000. Finish attempt 5) Purchases of direct materials were Dh154,700. 6) Direct materials used were 2.5 times the cost of direct labor. Time left 0:31: 7) Total manufacturing costs incurred were Dh246,400, 80% of cost of goods manufactured and Dh156,000 less than cost of goods sold. Required: Compute: a) finished goods inventory on January 1, 2012 (2 marks) b) work in process inventory on December 31, 2012 (2 marks) Paragraph B I