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For each of the following independent cases (14), compute the missing values Case 1 Case 2 Case 3 Case 4 Beginning Raw Materials 6,800 22,000
For each of the following independent cases (14), compute the missing values
| Case 1 | Case 2 | Case 3 | Case 4 | |
| Beginning Raw Materials | 6,800 | 22,000 | 92,000 | |
| Raw materials Purchases | 53,000 | 11,150 | 51,640 | |
| Indirect materials issued | 800 | 1,300 | 1,200 | 3,500 |
| Ending Raw Materials | 1,800 | 3,150 | 94,100 | |
| Direct materials used | 14,700 | 32,920 | ||
| Direct labor | 38,000 | 28,750 | 123,050 | |
| Manufacturing overhead | 59,000 | 40,150 | 30,980 | 540,130 |
| Total current manufacturing costs | 83,600 | 94,700 | ||
| Beginning work in process | 51,000 | 38,600 | 101,820 | |
| Ending work in process | 49,400 | 41,450 | 237,400 | |
| Cost of goods manufactured | 134,000 | 72,800 | 91,125 | 828,900 |
| Beginning finished goods | 76,000 | 36,100 | 53,500 | |
| Ending finished goods | 76,000 | 30,900 | 398,100 | |
| cost of goods sold | 134,000 | 78,000 | 112,975 | 846,400 |
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Cima Official Exam Practice Kit Test Of Professional Competence In Management Accounting 2008 Edition
Authors: Geoffrey Little
4th Edition
0750686804, 978-0750686808
