THREE INVENTORIES-Compute the required Items and enter them in column K. Answers Go Here 4 Beginning Balance 5 Purchases of RM 6 Ending Balance RM RAW MATERIALS 4,000 22,000 9,000 Lander Manufacturing had beginning raw materials of $4,000. During the month, Lander made raw material purchases of $22,000. At the end of the month, Lander had raw materials of $9,000 remaining. What amount of raw materials were used during the month? o Beginning Balance 1 Direct Materials Used 2 Direct Labor Costs 3 Factory Overhead Costs 4 Ending Balance of WIP WORK IN PROCESS 12,000 17,000 28,000 32,000 15,000 Lander Company's beginning Work In Process Inventory for the month was $12,000. The direct materials brought into the factory amounted to $17,000. The direct labor cost for the month was $28,000 and factory overhead costs were $32,000. The ending balance of Work In Process for the month was $15,000. What was the Cost of Goods Manufactured? Beginning Balance Cost of Goods Manufactured Ending Balance of FG FINISHED GOODS 8,000 7 74,000 12,000 At the beginning of the month, Lander had a beginning finished goods Inventory of $8,000. The Cost of Goods Manufactured for the month was $74,000. At the end of the month, the finished goods Inventory was $12,000. What was the cost of goods sold for the month? Sales for the month were $95,000. What amount of gross profit was earned during the month? SALES COST OF GOODS SOLD 70,000 70,000 95,000 95,000 +