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E2-21 (Algo) 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
E2-21 (Algo) 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 $ 6,200 $ 30,000 $ 92,000 54,000 11,950 43,640 Indirect materials issued 900 2,900 800 3,800 Ending raw materials 1,200 2,750 94,600 Direct materials used 14,600 32,120 Direct labor 36,000 121,750) Manufacturing overhead 57,000 39,050 29,280 540,930 Total current manufacturing costs 77,600 93,700 Beginning work in process 51,000 42,600 101,120 Ending work in process 42,150 237,900 Cost of goods manufactured 137,000 77,800 89,825 828,900 Beginning finished goods 81,000 53,100 Ending finished goods 79,000 31,500 397,600 Cost of goods sold 81,000 112,275 844,400
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