Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. Indicate the missing amount for each letter.

Case 1 Direct materials used $9,920 $ (g) Direct labor 5,270 8,640 Manufacturing overhead 9,020 5,000 Total manufacturing costs (a) 16,390 Beginning work in process inventory 1,520 (h) Ending work in process inventory (b) 3,480 Sales revenue 25,120 (i) Sales discounts 2,740 1,690 Cost of goods manufactured 17,590 22,240 Beginning finished goods inventory (c) 3,450 Goods available for sale 22,210 (j) Cost of goods sold (d) (k) Ending finished goods inventory 3,960 3,250 Gross profit (e) 7,450 Operating expenses 3,160 (l) Net income (f) 5,980 B) Prepare a condensed cost of goods manufactured schedule for Case 1.

CASE 1 Cost of Goods Manufactured Schedule C) Prepare an income statement for Case 1.

CASE 1 Income Statement

Prepare the current assets section of the balance sheet for Case 1. Assume that in Case 1 the other items in the current assets section are as follows: Cash $3,710, Receivables (net) $15,980, Raw Materials $640, and Prepaid Expenses $460. (List Current Assets in order of liquidity.)

D) CASE 1 (Partial) Balance Sheet