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Indicate the missing amount. Case Direct materials used Direct labor Manufacturing overhead Total manufacturing costs Beginning work in process inventory Ending work in process inventory
Indicate the missing amount. Case Direct materials used Direct labor Manufacturing overhead Total manufacturing costs Beginning work in process inventory Ending work in process inventory Sales revenue Sales discounts Cost of goods manufactured Beginning finished goods inventory Goods available for sale Cost of goods sold Ending finished goods inventory Gross profit Operating expenses Net income $9,600 4,000 16,000 1,000 3,000 1,400 22,000 2,500 Prepare a condensed cost of goods manufactured schedule for Case 1. CASE 1 Cost of Goods Manufactured Schedule Finished Goods Inventory, Ending Gross Proft Manufacturing Overhead Net Income (Loss) Net Sales Direct Materals Operating Expenses Sales Revenue Sales Discounts Total Manufacturing Costs Cost of Goods Manufactured Work in Process Inventory, Beginning Finished Goods Inventory, Beginning Direct Labor Total Cost of Work in Process Work in Process Inventory, Endng Cost of Goods Avaiable for Sale Cost of Goods Sold Prepare an income statement for Case 1. CASE 1 Income Statement
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