Cost of Goods Manufactured and Sold The following data relate to three independent production periods of Riverside Manufacturing Company. Missing data are indicated by question marks. AB Materials: Beginning inventory $260 $820 $550 Purchases 3,500 2,500 Ending inventory 370 500 ? Total material used 1,650 ? 2,200 Direct labor 2,900 4,800 4,000 Manufacturing overhead: Indirect material 480 ? 600 Indirect labor 800 750 1,750 Other ? 1,000 1,700 Total manufacturing overhead 2,600 2,400 ? Work in process inventories: Beginning Ending Finished goods inventories: ? 450 1,300 350 ? 500 Beginning ? 2,000 400 Ending 1,675 600 1,650 Cost of goods manufactured Cost of goods sold 6,920 ? ? 6,695 11,620 ? Using the above data, determine the missing amounts. (You should set up a schedule of cost of goods manufactured and sold, fill in the known data, and calculate the missing amounts.) Do not use negative signs with any of your answers. Schedule of Cost of Goods Manufactured and Sold B Direct Material: Beginning materials inventory Cost of materials purchased Cost of material available Less: Ending materials inventory Total material used Less: Indirect material used Direct material used Direct labor Manufacturing overhead: Indirect material Indirect labor Other manufacturing overhead Total manufacturing overhead Total manufacturing costs Add: Beginning work in process inventory Total cost of work in process Less: Ending work in process inventory Cost of goods manufactured Add: Beginning finished goods inventory Cost of goods available Less: Ending finished goods inventory Cost of goods sold $260 $820 $550 2,900 4,800 4,000 $ $ $