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Determine each of the following missing amounts: (Input all amounts as positive values) Firm B Firm A 17,000 $ $ Firm C 63,000 339,000 48,000
Determine each of the following missing amounts: (Input all amounts as positive values) Firm B Firm A 17,000 $ $ Firm C 63,000 339,000 48,000 59,500 76,500 12,000 90,000 130,000 50,500 477,000 108,000 17,000 30,000 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 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 Sales 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 100,000 370,000 15,000 25,000 28,500 24,000 3,500 5,500 133,000 205,000 $ $ 30,000 91,500 133,000 151,500 1,141,500 72,000 50,000 136,500 140,000 297,000 68,000 $ 16,000 $ 133,500
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