Question: For each company below, fill in the missing data. Each company is independent. Sales Beginning finished goods Cost of goods manufactured Ending finished goods Cost

For each company below, fill in the missing data. Each company is independent.

Sales Beginning finished goods Cost of goods manufactured Ending finished goods Cost

Sales Beginning finished goods Cost of goods manufactured Ending finished goods Cost of sales Income Statement Company X $320 000 ? 197 700 24 000 Company Y Company Z ? $120000 $ 49000 ? 26 200 7800 61 350 ? Gross profit 128000 784 000 336 000 ? 60 000 Operating expenses ? Profit 38 400 235 200 ? ? ?? ? 42000 Beginning work in process 19 300 32 400 ? Direct labour ? 256 000 42150 Raw materials used 18750 124 000 6150 Factory overhead 159 750 385 800 13900 Ending work in process 21 600 ? 5600

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