For each of the following independent cases (1 to 4), compute the missing values. Note: Enter...
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For each of the following independent cases (1 to 4), compute the missing values. Note: Enter all amounts as positive values. Case 1 Case 2 Case 3 Case 4 Beginning raw materials $ 6,800 $ 30,000 $ 105,000 Raw materials purchases 55,000 10,450 43,640 Indirect materials issued 700 2,900 900 2,000 Ending raw materials 1,700 3,150 94,800 Direct materials used 14,000 32,220 Direct labor 38,000 123,050 Manufacturing overhead applied 60,000 39,750 29,480 541,630 Total current manufacturing costs 82,600 93,000 Beginning work in process 50,000 40,600 102,020 Ending work in process 42,450 237,500 Cost of goods manufactured 131,000 79,800 90,325 828,900 Beginning finished goods 75,000 53,300 Ending finished goods 72,000 30,500 398,200 Cost of goods sold 78,000 112,275 844,400 For each of the following independent cases (1 to 4), compute the missing values. Note: Enter all amounts as positive values. Case 1 Case 2 Case 3 Case 4 Beginning raw materials $ 6,800 $ 30,000 $ 105,000 Raw materials purchases 55,000 10,450 43,640 Indirect materials issued 700 2,900 900 2,000 Ending raw materials 1,700 3,150 94,800 Direct materials used 14,000 32,220 Direct labor 38,000 123,050 Manufacturing overhead applied 60,000 39,750 29,480 541,630 Total current manufacturing costs 82,600 93,000 Beginning work in process 50,000 40,600 102,020 Ending work in process 42,450 237,500 Cost of goods manufactured 131,000 79,800 90,325 828,900 Beginning finished goods 75,000 53,300 Ending finished goods 72,000 30,500 398,200 Cost of goods sold 78,000 112,275 844,400
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