4,000 |(g) Direct materials used $9,600 Direct labor 5,000 8,000 8,000 4,000 Manufacturing overhead Total manufacturing costs 16,000 22,600 |(a) Beginning work in process inventory 1,000 11,000 (h) Ending work in process inventory 3,000 6,600 J(b) Sales revenue 24,500 33,200 (i) Sales discounts 2,500 1,400 17,000 24,000 Cost of goods manufactured Beginning finished goods inventory 3,300 5000 (c) Goods available for sale 22,000 27300 Ji) Cost of goods sold 18,600 24800 J(k) |(d) Ending finished goods inventory 3,400 2,500 Gross profit 7,000 3400 |(e) Operating expenses 2,500 2000 J(1) Net income 5,000 900 |(f) (b) Prepare a condensed cost of goods manufactured schedule for Case 1 CASE 1 Cost of Goods Manufactured Schedule $