Question
Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. Indicate the missing amount for each letter. Case 1 2 Direct
Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.
Indicate the missing amount for each letter.
Case
1
2
Direct materials used
$9,780
$
(g)Direct labor
5,950
8,300
Manufacturing overhead
8,870
4,880
Total manufacturing costs
(a)
16,210
Beginning work in process inventory
1,510
(h)Ending work in process inventory
(b)
3,650
Sales revenue
25,780
(i)Sales discounts
2,810
2,070
Cost of goods manufactured
17,970
22,620
Beginning finished goods inventory
(c)
4,030
Goods available for sale
22,860
(j)Cost of goods sold
(d)
(k)Ending finished goods inventory
3,720
3,110
Gross profit
(e)
8,100
Operating expenses
3,510
(l)Net income
(f)
5,330
Show condensed cost of goods manufactured schedule for Case 1.
CASE 1
Cost of Goods Manufactured Schedule
$
$
:
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