An auditor for the Internal Revenue Service is trying to reconstruct some partially destroyed records of two taxpayers. (Click the icon to view the records.) Data Table Requirement For each of the cases, find the unknowns designated by the letters A and B for Case 1 and C and D for Case 2. Case 1 Case 2 (in thousands) 5,000 $3,560 $ Case 1: Find the unknowns designated by the letters A and B. First, solve for A. Cost of goods sold. A 26,000 4,600 2.450 2.800 2.240 B 5,800 Gross margin Accounts receivable, December 31 Cost of goods sold Accounts payable, January 1 Accounts payable, December 31 Finished-goods inventory, December 31 Gross margin Work-in-process inventory, January 1 Work-in-process inventory, December 31 Finished-goods inventory, January 1 Direct materials used Direct manufacturing labor 19,100 2,600 1.300 Next complete the following schedule of cost of goods manufactured. (Complete all input fields. Enter a "0" for any zero balances.) 0 4,800 10.000 4.000 10,000 23,000 7,600 4,200 Total manufacturing costs incurred Print Done An auditor for the Internal Revenue Service is trying to reconstruct some partially destroyed records of two taxpayers. (Click the icon to view the records.) Requirement For each of the cases, find the unknowns designated by the letters A and B for Case 1 and C and D for Case 2 Total manufacturing costs to account for Cost of goods manufactured Now use the cost of goods sold formula to solve for B. Finished goods inventory, 12/31. Cost of goods available for sale Cost of goods sold Case 2: Find the unknowns designated by the letters C and D. First, solve for C. Gross margin Submit Test An auditor for the Internal Revenue Service is trying to reconstruct some partially destroyed records of two taxpayers. E: (Click the icon to view the records.) Requirement For each of the cases, find the unknowns designated by the letters A and B for Case 1 and C and D for Case 2. First, solve for C. Gross margin Gross margin Next, complete the cost of goods sold formula. Cost of goods available for sale Cost of goods sold Finally, complete the schedule of cost of goods manufactured to solve for D. Manufacturing overhead costs. Submit Test An auditor for the Internal Revenue Service is trying to reconstruct some partially destroyed records of two taxpayers. (Click the icon to view the records.) Requirement For each of the cases, find the unknowns designated by the letters A and B for Case 1 and C and D for Case 2. LUSL vi yuuusuvun VIC IUI JUIC Cost of goods sold Finally, complete the schedule of cost of goods manufactured to solve for D. Manufacturing overhead costs. Total manufacturing costs incurred Total manufacturing costs to account for Cost of goods manufactured Submit Test An auditor for the Internal Revenue Service is trying to reconstruct some partially destroyed records of two taxpayers. (Click the icon to view the records.) Data Table Requirement For each of the cases, find the unknowns designated by the letters A and B for Case 1 and C and D for Case 2. Case 1 Case 2 (in thousands) 5,000 $3,560 $ Case 1: Find the unknowns designated by the letters A and B. First, solve for A. Cost of goods sold. A 26,000 4,600 2.450 2.800 2.240 B 5,800 Gross margin Accounts receivable, December 31 Cost of goods sold Accounts payable, January 1 Accounts payable, December 31 Finished-goods inventory, December 31 Gross margin Work-in-process inventory, January 1 Work-in-process inventory, December 31 Finished-goods inventory, January 1 Direct materials used Direct manufacturing labor 19,100 2,600 1.300 Next complete the following schedule of cost of goods manufactured. (Complete all input fields. Enter a "0" for any zero balances.) 0 4,800 10.000 4.000 10,000 23,000 7,600 4,200 Total manufacturing costs incurred Print Done An auditor for the Internal Revenue Service is trying to reconstruct some partially destroyed records of two taxpayers. (Click the icon to view the records.) Requirement For each of the cases, find the unknowns designated by the letters A and B for Case 1 and C and D for Case 2 Total manufacturing costs to account for Cost of goods manufactured Now use the cost of goods sold formula to solve for B. Finished goods inventory, 12/31. Cost of goods available for sale Cost of goods sold Case 2: Find the unknowns designated by the letters C and D. First, solve for C. Gross margin Submit Test An auditor for the Internal Revenue Service is trying to reconstruct some partially destroyed records of two taxpayers. E: (Click the icon to view the records.) Requirement For each of the cases, find the unknowns designated by the letters A and B for Case 1 and C and D for Case 2. First, solve for C. Gross margin Gross margin Next, complete the cost of goods sold formula. Cost of goods available for sale Cost of goods sold Finally, complete the schedule of cost of goods manufactured to solve for D. Manufacturing overhead costs. Submit Test An auditor for the Internal Revenue Service is trying to reconstruct some partially destroyed records of two taxpayers. (Click the icon to view the records.) Requirement For each of the cases, find the unknowns designated by the letters A and B for Case 1 and C and D for Case 2. LUSL vi yuuusuvun VIC IUI JUIC Cost of goods sold Finally, complete the schedule of cost of goods manufactured to solve for D. Manufacturing overhead costs. Total manufacturing costs incurred Total manufacturing costs to account for Cost of goods manufactured Submit Test