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Incomplete manufacturing costs, expenses, and selling data for two different cases for the year ended December 31, 2022, are as follows. (a) Correct answer icon

Incomplete manufacturing costs, expenses, and selling data for two different cases for the year ended December 31, 2022, are as follows.

(a)

Correct answer icon

Your answer is correct.

Determine the missing amount for each letter.

Case
1 2
Direct materials used $9,890 $3360 (g)
Direct labor 5,670 8,450
Manufacturing overhead 8,640 5,100
Total manufacturing costs

24,200

(a) 16,910
Beginning work in process inventory 1,370

9,240

(h)
Ending work in process inventory

7,740

(b) 3,750
Sales revenue 25,110

31,950

(i)
Sales discounts 2,770 1,990
Cost of goods manufactured 17,830 22,400
Beginning finished goods inventory

4,910

(c) 3,590
Cost of goods available for sale 22,740

25,990

(j)
Cost of goods sold

18,540

(d)

22,620

(k)
Ending finished goods inventory 4,200 3,370
Gross profit

3,800

(e) 7,340
Operating expenses 2,810

1,760

(l)
Net income

990

(f) 5,580

(b)

a condensed cost of goods manufactured schedule for Case 1.

CASE 1 Cost of Goods Manufactured Schedule choose the accounting period December 31, 2022For the Year Ended December 31, 2022For the Quarter Ended December 31, 2022
select an opening name for the schedule Cost of Goods ManufacturedDirect LaborDirect MaterialsManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, BeginningWork in Process, EndingCost of Goods Available for SaleCost of Goods SoldFinished Goods Inventory, BeginningFinished Goods Inventory, EndingGross ProfitNet Income / (Loss)Net SalesOperating ExpensesSales RevenueSales Discounts $enter a dollar amount
select an item Cost of Goods ManufacturedDirect LaborDirect MaterialsManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, BeginningWork in Process, EndingCost of Goods Available for SaleCost of Goods SoldFinished Goods Inventory, BeginningFinished Goods Inventory, EndingGross ProfitNet Income / (Loss)Net SalesOperating ExpensesSales RevenueSales Discounts $enter a dollar amount
select an item Cost of Goods ManufacturedDirect LaborDirect MaterialsManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, BeginningWork in Process, EndingCost of Goods Available for SaleCost of Goods SoldFinished Goods Inventory, BeginningFinished Goods Inventory, EndingGross ProfitNet Income / (Loss)Net SalesOperating ExpensesSales RevenueSales Discounts enter a dollar amount
select an item Cost of Goods ManufacturedDirect LaborDirect MaterialsManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, BeginningWork in Process, EndingCost of Goods Available for SaleCost of Goods SoldFinished Goods Inventory, BeginningFinished Goods Inventory, EndingGross ProfitNet Income / (Loss)Net SalesOperating ExpensesSales RevenueSales Discounts

enter a dollar amount

select a summarizing line for the first part Cost of Goods ManufacturedDirect LaborDirect MaterialsManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, BeginningWork in Process, EndingCost of Goods Available for SaleCost of Goods SoldFinished Goods Inventory, BeginningFinished Goods Inventory, EndingGross ProfitNet Income / (Loss)Net SalesOperating ExpensesSales RevenueSales Discounts

enter a total amount for the first part

select a summarizing line for the second part Cost of Goods ManufacturedDirect LaborDirect MaterialsManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, BeginningWork in Process, EndingCost of Goods Available for SaleCost of Goods SoldFinished Goods Inventory, BeginningFinished Goods Inventory, EndingGross ProfitNet Income / (Loss)Net SalesOperating ExpensesSales RevenueSales Discounts enter a total amount for all two parts
select between addition and deduction AddLess:select an item Cost of Goods ManufacturedDirect LaborDirect MaterialsManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, BeginningWork in Process, EndingCost of Goods Available for SaleCost of Goods SoldFinished Goods Inventory, BeginningFinished Goods Inventory, EndingGross ProfitNet Income / (Loss)Net SalesOperating ExpensesSales RevenueSales Discounts

enter a dollar amount

select a closing name for this schedule Cost of Goods ManufacturedDirect LaborDirect MaterialsManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, BeginningWork in Process, EndingCost of Goods Available for SaleCost of Goods SoldFinished Goods Inventory, BeginningFinished Goods Inventory, EndingGross ProfitNet Income / (Loss)Net SalesOperating ExpensesSales RevenueSales Discounts $enter a total amount for this schedule

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