Case 13-31 (Algo) Cost of goods manufactured, cost of goods sold, and income statement LO 4, 5, 7 Determine each of the following missing amounts: (Input all amounts as positive values) Firm B Firm C Firm A 13,600 $ $ 58,800 316,400 Beginning raw materials inventory Purchases of raw materials during the year Raw materials available for use Ending raw materials inventory Cost of raw materials used 76,800 95,200 9,600 71,400 80,800 72,000 104,000 445,200 100,800 27,200 48,000 Direct labor costs incurred Variable manufacturing overhead applied Fixed manufacturing overhead applied Total manufacturing costs incurred Beginning work in process Ending work in process Cost of goods manufactured 80,000 296,000 12,000 26,600 22,400 20,000 5,600 8,800 212,800 328,000 $ Sales $ 24,000 85,400 212,800 242,400 1,065,400 67,200 40,000 Beginning finished goods inventory Cost of goods manufactured Cost of goods available for sale Ending finished goods inventory Cost of goods sold Gross profit Selling, general, and administrative expenses Income from operations 218,400 112,000 277,200 54,400 $ 25,600 $ 124,600