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Incomplete manufacturing costs, expenses, and selling data for two different cases for the year ended December 3 1 , 2 0 2 2 , are
Incomplete manufacturing costs, expenses, and selling data for two different cases for the year ended December are as follows. Determine the missing amount for each letter. Case Direct materials used $ $enter a dollar amount g Direct labor Manufacturing overhead Total manufacturing costs enter a dollar amount a Beginning work in process inventory enter a dollar amount h Ending work in process inventory enter a dollar amount b Sales revenue enter a dollar amount i Sales discounts Cost of goods manufactured Beginning finished goods inventory enter a dollar amount c Cost of goods available for sale enter a dollar amount j Cost of goods sold enter a dollar amount d enter a dollar amount k Ending finished goods inventory Gross profit enter a dollar amount e Operating expenses enter a dollar amount l Net income enter a dollar amount f eTextbook and Media Prepare a condensed cost of goods manufactured schedule for Case CASE Cost of Goods Manufactured Schedule choose the accounting period select an opening name for this schedule $enter a dollar amount select an item $enter a dollar amount select an item enter a dollar amount select an item enter a dollar amount select an item enter a total of the three previous amounts select a summarizing line for the first part enter a total amount for the first part select between addition and deduction: select an item enter a dollar amount select a closing name for this schedule $enter a total amount for this schedule eTextbook and Media Prepare an income statement for Case CASE Income Statement choose the accounting period select an opening name for section one $enter a dollar amount select between addition and deduction: select an income statement item enter a dollar amount select a closing name for section one $enter a total amount for section one select an opening name for section two select an income statement item enter a dollar amount select an income statement item enter a dollar amount select an income statement item enter a total of the two previous amounts select between addition and deduction: select an income statement item enter a dollar amount select a closing name for section two enter a total amount for section two select a summarizing line for the first part enter a total amount for the first part select an income statement item enter a dollar amount select a closing name for this statement $enter a total net income or loss amount Prepare the current assets section of the balance sheet for Case Assume that in Case the other items in the current assets section are as follows: Cash $ Receivables net $ Raw Materials $ and Prepaid Expenses $List Current Assets in order of liquidity. CASE Balance Sheet Partial choose the accounting period ASSETS select an opening section name select a balance sheet item $enter a dollar amount select a balance sheet item enter a dollar amount select an opening subsection name select a balance sheet item $enter a dollar amount select a balance sheet item enter a dollar amount select a balance sheet item enter a dollar amount enter a total amount for this subsection select a balance sheet item enter a dollar amount select a closing section name $enter a total amount for this section
Incomplete manufacturing costs, expenses, and selling data for two different cases for the year ended December are as follows.
Determine the missing amount for each letter.
Case
Direct materials used
$ $enter a dollar amount g
Direct labor
Manufacturing overhead
Total manufacturing costs
enter a dollar amount a
Beginning work in process inventory
enter a dollar amount h
Ending work in process inventory
enter a dollar amount b
Sales revenue
enter a dollar amount i
Sales discounts
Cost of goods manufactured
Beginning finished goods inventory
enter a dollar amount c
Cost of goods available for sale
enter a dollar amount j
Cost of goods sold
enter a dollar amount d enter a dollar amount k
Ending finished goods inventory
Gross profit
enter a dollar amount e
Operating expenses
enter a dollar amount l
Net income
enter a dollar amount f
eTextbook and Media
Prepare a condensed cost of goods manufactured schedule for Case
CASE
Cost of Goods Manufactured Schedule
choose the accounting period
select an opening name for this schedule
$enter a dollar amount
select an item
$enter a dollar amount
select an item
enter a dollar amount
select an item
enter a dollar amount
select an item
enter a total of the three previous amounts
select a summarizing line for the first part
enter a total amount for the first part
select between addition and deduction: select an item
enter a dollar amount
select a closing name for this schedule
$enter a total amount for this schedule
eTextbook and Media
Prepare an income statement for Case
CASE
Income Statement
choose the accounting period
select an opening name for section one
$enter a dollar amount
select between addition and deduction: select an income statement item
enter a dollar amount
select a closing name for section one
$enter a total amount for section one
select an opening name for section two
select an income statement item
enter a dollar amount
select an income statement item
enter a dollar amount
select an income statement item
enter a total of the two previous amounts
select between addition and deduction: select an income statement item
enter a dollar amount
select a closing name for section two
enter a total amount for section two
select a summarizing line for the first part
enter a total amount for the first part
select an income statement item
enter a dollar amount
select a closing name for this statement
$enter a total net income or loss amount
Prepare the current assets section of the balance sheet for Case Assume that in Case the other items in the current assets section are as follows: Cash $ Receivables net $ Raw Materials $ and Prepaid Expenses $List Current Assets in order of liquidity.
CASE
Balance Sheet Partial
choose the accounting period
ASSETS
select an opening section name
select a balance sheet item
$enter a dollar amount
select a balance sheet item
enter a dollar amount
select an opening subsection name
select a balance sheet item
$enter a dollar amount
select a balance sheet item
enter a dollar amount
select a balance sheet item
enter a dollar amount
enter a total amount for this subsection
select a balance sheet item
enter a dollar amount
select a closing section name
$enter a total amount for this section
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