The flowchart below shows the August production activity of the punching and bending departments of Wire Box Company. Use the amounts shown on the flowchart to compute the missing numbers identified by question marks.

Transcribed Image Text:

Punching Beginning work in process $7,500 Direct materials $60,000 Direct labor $12,000 Factory overhead $15,000 Total costs in process inEnding work punching departmentin process $6,000 Costs transferred to bending Bending Beginning work in process $9,750 Direct materials 2 Direct labor $30,750 Factory overhead $36,900 Total costs in process in bending department $249,150 Ending work in process $12,750 Costs transferred to finished goods Warehouse Ending inventory Beginning Cost of goods ntoryavailable for sale $18,000 nve Cost of goods sold $231,900