Sterling’s records show the work in process inventory had a beginning balance of $1,461 and an ending balance of $3,249. How much direct labor was incurred if the records also show:
Materials used $1,700
Overhead applied $1,363
Cost of goods manufactured $5,264
Logo Gear purchased $3,156 worth of merchandise during the month, and its monthly income statement shows cost of goods sold of $2,042. What was the beginning inventory if the ending inventory was $2,677?
