The financial records for the harrison manufacturing company have been destroyed in a fire. the following information has been obtained from a separate set of books maintained by the cost accountant. the cost accountant now asks for your assistance in computing the missing amounts. direct materials inventory beg. bal. 9,200 ? transferred out purchases ? end. bal. 7,600 cost of goods sold 69,000 work-in-process inventory beg. bal. 8,700 ? transferred out materials 20,400 labor 14,700 overhead 9,200 end. bal. ? finished goods inventory beg. bal. ? ? transferred out transferred in 40,700 end. bal. 5,400

Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). however, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due). what is the future value of a 13-year annuity of $2,800 per period where payments come at the beginning of each period? the interest rate is 9 percent. use appendix c for an approximate answer, but calculate your final answer using the formula and financial calculator methods. to find the future value of an annuity due when using the appendix tables, add 1 to n and subtract 1 from the tabular value. for example, to find the future value of a $100 payment at the beginning of each period for five periods at 10 percent, go to appendix c for n = 6 and i = 10 percent. look up the value of 7.716 and subtract 1 from it for an answer of 6.716 or $671.60 ($100 × 6.716)