1.Incomplete manufacturing costs, expenses and selling data for two different cases are as follows:

CASE

1 2

Direct materials used $ 9,600 $ (g)

Direct Labor 5000 8,000

Manufacturing Overhead 8,000 4,000

Total Manufacturing Costs (a) 16,000

Beginning Work in Process Inventory 1,000 (h)

Ending Work in Process Inventory (b) 3,000

Sales Revenue 24,500 (i)

Sales Discount 2,500 1,400

Costs of goods manufactured 17,000 22,000

Beginning Finished Goods Inventory (c) 3,300

Goods available for sale 20,000 (j)

Cost of Goods Sold (d) (k)

Ending Finished goods inventory 3,400 2,500

Gross Profit (e) 7,000

Operating Expenses 2,500 (l)

Net Income (f) 5,000

a.Indicate the missing amount for each letter

b.How would you create a condensed cost of Goods sold manufactured schedule for Case 1.