Question: Question Help Lenny Tumer recently took over as the controller of Holder Brothers Manufacturing. Last month, the previous controller left the company with little notice

 Question Help Lenny Tumer recently took over as the controller of
Holder Brothers Manufacturing. Last month, the previous controller left the company with
little notice and left the accounting records in diarray Lenny needs the

Question Help Lenny Tumer recently took over as the controller of Holder Brothers Manufacturing. Last month, the previous controller left the company with little notice and left the accounting records in diarray Lenny needs the ending Inventory balances to report first quarter numbers. Fol the previous month (March 2017) Ron was able to place together the following information mm Click the icon to view the information for March 2017.) Read the requirements First, solve for (3) direct materials inventory, 3/31/2017 then solve for (2) work in process inventory, 3/31/2017, and finally solve for (1) finished goods inventory, 3/31/2017 Direct materials available for use Direct materials used Total manufacturing costs added during the period Data Table Direct materials purchased Work-in-process inventory, 3/1/2017 Direct materials inventory, 3/1/2017 Finished goods inventory, 3/1/2017 Conversion costs Total manufacturing costs added during the period Cost of goods manufactured Gross margin as a percentage of revenues Revenues $ 130,000 $ 31,000 $ 13,000 $ 190,000 $ 310,000 $ 400,000 4 times direct materials used 10% $ 430,000 Print Done put fields and then click Check Answer. WOIR-Il-process lliverly, JUULUTT, UNU Muny UUIU Requirements Calculate the cost of: 1. Finished goods inventory, 3/31/2017 2. Work-in-process inventory, 3/31/2017 3. Direct materials inventory, 3/31/2017 Print Done

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