Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

E2-19 Calculating Missing Amounts and Cost of Goods Manufactured and Sold LO 2-3, 2-4, 2-5, 2-6] For each of the following independent cases (1-4), compute

image text in transcribed

E2-19 Calculating Missing Amounts and Cost of Goods Manufactured and Sold LO 2-3, 2-4, 2-5, 2-6] For each of the following independent cases (1-4), compute the missing values. (Enter all amounts as positive values.) Case 1 Case 2 Case 3 Case 4 Beginning raw materials Raw material purchases Indirect materials issued Ending raw materials Direct materials used Direct labor Manufacturing overhead Total current manufacturing costs $6,000 53,000 900 1,000 $ 29,000$ 102,000 10,850 1,000 2,950 13,600 51,640 1,000 3,800 93,900 32,720 33,000 122,150 39,750 81,600 37,600 29,780 94,100 54,000 541,430 46,000 100,820 236,100 eginning work in process Ending work in proces:s Cost of goods manufactured Beginning finished goods Ending finished goods Cost of goods sold 138,000 80,000 74,000 41,850 90,225833,900 52,400 72,800 30,400 73,000 397,400 111,575 848,400

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions