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. A B C Materials: Beginning inventory $312 $ 984 $ 660 Purchases ? 4,200 3,000 Ending inventory 444 600 ? Total material used 1,980 ? 2,640 Direct labor 3,480 5,760 4,800 Manufacturing overhead: Indirect material 576 ? 720 Indirect labor 960 900 2,100 Other ? 1,200 2,040 Total manufacturing overhead 3,120 2,880 Work in process inventories: Beginning ? 540 1,560 Ending 420 ? 600 Finished goods inventories: Beginning ? 2,400 480 Ending 2,010 720 1,980 Cost of goods manufactured 8,304 Cost of goods sold 8,034 13,944 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 Direct Material: $ 312 S 984 $ 660 3,480 5,760 4,800 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