Question
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
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 S 5,500 S 21.000 $ 103,000 Raw material purchases 50,000 11,450 43,640 Indirect materials issued 800 1,700 1.500 2,100 Ending raw materials 1,400 2,950 94,800 Direct materials used 14.600 31,820 Direct labor 38,000 121,650 Manufacturing overhead 55,000 38,750 29.380 541,330 Total current manufacturing costs 83,600 94.200 Beginning work in process 42,000 32,600 100,920 Ending work in process 41,550 237,300 Cost of goods manufactured 137,000 77,800 90,325 833,900 Beginning finished goods 77,000 51,900 Ending finished goods 71,000 30,500 397,300 Cost of goods sold 79,000 112,775 840,400
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