151. Given the following inventory and inventory related accounts, solve for the unknown amounts. Beginning raw materials (a) $50 Raw materials purchases ...

Beginning raw materials

(a)

$50

Raw materials purchases

$100

(f)

Ending raw materials

20

30

Raw materials transfers

80

90

Beginning work-in-process

(b)

40

Direct labor

30

(g)

Direct material

(c)

90

Manufacturing overhead

40

20

Ending work-in-process

50

40

Work-in-process transfers

160

130

Beginning finished goods

40

(h)

Transfers in

(d)

(i)

Ending finished goods

30

20

Cost of goods sold

(e)

120

Beginning balance

10

$25

Purchase 1

15

22

Purchase 2

9

20

Purchase 3

12

25

Beginning raw materials

$ 10

$ 30

Raw materials purchases

100

70

Ending raw materials

70

50

Raw materials transfers

(a)

(e)

Beginning work-in-process

50

(f)

Direct labor

50

40

Direct material

(b)

(g)

Manufacturing overhead

10

10

Ending work-in-process

40

10

Work-in-process transfers

(c)

100

Beginning finished goods

10

20

Transfers in

(d)

100

Ending finished goods

20

30

Cost of goods sold

100

(h)