Direct materials used Direct labor Manufacturing overhead Total manufacturing costs Beginning work in process inventory Ending work in process inventory Sales revenue Sales discounts Cost of goods manufactured 1 to $9,720 5,970 8,530 24,220 1,900 8,770 25,990 2,610 17.350 (a) (b) Case 2 3,420 8,690 4,760 16,870 9,570 4,030 32,880 1.860 22410 (g) (h) (1) Cost of goods manufactured Beginning finished goods inventory Goods available for sale Cost of goods sold Ending finished goods inventory Gross profit Operating expenses Net income eTextbook and Media 4 17,350 4,890 22,240 18,630 3,610 4,750 3,250 1500 (c) (d) (e) (f) 22,410 4,110 26,520 23,120 3,400 7,900 2.770 5,130 () (k) (1) Attemple 2 of Suced Question 5 of 5 > Prepare an income statement for Case 1. CASE 1 Income Statement $ 5.33/8 111 $ Prepare the current assets section of the balance sheet for Case 1. Assume that in Case 1 the other items in the current assets section are as follows: Cash $3,270, Receivables (net) $15,650. Raw Materials $660, and Prepaid Expenses $430. (List Current Assets in order of liquidity) CASE 1 (Partial) Balance Sheet CASE 1 (Partial) Balance Sheet m $ CLEM Yusu eTextbook and Media $ Attempts: 0 of 5 used Submit