Indicate the missing amount for each letter.

		Case
		1			2
Direct materials used		$9,850			$enter a dollar amount	(g)
Direct labor		5,460			9,060
Manufacturing overhead		9,030			4,350
Total manufacturing costs		enter a dollar amount	(a)		16,870
Beginning work in process inventory		1,490			enter a dollar amount	(h)
Ending work in process inventory		enter a dollar amount	(b)		3,300
Sales revenue		25,200			enter a dollar amount	(i)
Sales discounts		2,720			2,120
Cost of goods manufactured		18,100			22,160
Beginning finished goods inventory		enter a dollar amount	(c)		3,870
Goods available for sale		22,510			enter a dollar amount	(j)
Cost of goods sold		enter a dollar amount	(d)		enter a dollar amount	(k)
Ending finished goods inventory		4,340			2,630
Gross profit		enter a dollar amount	(e)		7,620
Operating expenses		3,350			enter a dollar amount	(l)
Net income		enter a total net income amount	(f)		5,350

eTextbook and Media

Prepare a condensed cost of goods manufactured schedule for Case 1.

CASE 1 Cost of Goods Manufactured Schedule
				$enter a dollar amount
		$enter a dollar amount
		enter a dollar amount
		enter a dollar amount
				enter a total of the three previous amounts
				enter a total amount for this part of the schedule
				enter a dollar amount
				$enter a total amount for this schedule

eTextbook and Media

Prepare an income statement for Case 1.

CASE 1 Income Statement
		$enter a dollar amount
		enter a dollar amount
				$enter a total amount for section one
		enter a dollar amount
		enter a dollar amount
		enter a total of the two previous amounts
		enter a dollar amount
				enter a total amount for section two
				enter a total amount for the first part
				enter a dollar amount
				$enter a total net income or loss amount

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 $3,330, Receivables (net) $15,440, Raw Materials $640, and Prepaid Expenses $410. (List Current Assets in order of liquidity.)

CASE 1 (Partial) Balance Sheet
				$enter a dollar amount
				enter a dollar amount
		$enter a dollar amount
		enter a dollar amount
		enter a dollar amount
				enter a subtotal of the three previous amounts
				enter a dollar amount
				$enter a total amount for this section