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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

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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 Materials: Beginning inventory $364 $ 1,148 $ 770 Purchases 74,900 3,500 Ending inventory 518 700 7 Total material used 2,310 2 3,080 Direct labor 4,060 6,720 5,600 Manufacturing overhead: Indirect material 672 2 840 Indirect labor 1.120 1,050 2,450 Other ? 1,400 2,380 Total manufacturing overhead 3,640 3,360 ? Work in process inventories: Beginning ? 630 1,820 Ending 490 ? 700 Finished goods inventories Beginning ? 2,800 560 Ending 2,345 840 2,310 Cost of goods manufactured 9,688 ? 7 Cost of goods sold 9,373 16,268 ? 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.) 5770 0 0 0 Do not use negative signs with any of your answers. Schedule of Cost of Goods Manufactured and sold B Direct Material: Beginning materials inventory $364 $ 1,148 Cost of materials purchased 0 0 Cost of material available 0 0 Less: Ending materials inventory 0 0 Total material used 0 0 Less Indirect material used 0 0 Direct material used 0 0 Direct labor 4,060 6,720 Manufacturing overhead: Indirect material D 0 Indirect labor D 0 Other manufacturing overhead 0 0 Total manufacturing overhead 0 0 Total manufacturing costs 0 D Add: Beginning work in process inventory 0 0 Total cost of work in process 0 0 Less Ending work in process inventory 0 0 0 0 0 5,600 0 '0 0 0 0 O 0 0 0 0 0 Less: Indirect material used Direct material used Direct labor 0 0 0 4,060 6,720 5,600 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $ 0 $ 0 $ 0

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