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Determine the missing amounts in each of the following independent cases, outlined in blue. Determine the missing amounts in each of the following independent cases.
Determine the missing amounts in each of the following independent cases, outlined in blue.
Determine the missing amounts in each of the following independent cases. Case A Case B Case C 64,000 8,500 17,000 Beginning inventory, raw material Ending inventory, raw material Purchases of raw material Direct material used Direct labor Manufacturing overhead Total manufacturing costs Beginning inventory, work in process Ending inventory, work in process Cost of goods manufactured Beginning inventory, finished goods Cost of goods available for sale Ending inventory, finished goods Cost of goods sold Sales Gross margin Selling and administrative expenses Income before taxes Income tax expense Net income 182,000 210,000 150,000 257,000 289,000 310,000 63,500 82,000 180,000 510,000 1,050,000 1,045,000 62,000 107,000 72,000 2,700 1,054,000 110,000 185,000 122,000 197,000 13,500 1,100,000 998,000 260,000 512,000 512,000 229,000 310,000 82,000 47,000 143,000 28,500Step by Step Solution
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