Insert Page Layout FormulasData Review View Cut Home Calibri (Body) 11 A-A Paste Blu Format Activate Office to Create and Edit Buy Office or sign in to activate Office if you've already bough 1 BA-Question: Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. Indicote the missing amount of different cost items, and prepare a condensed cost of goods manufactured 5 schedule, an income statement, and a partial balance sheet. Case 9,600 10 Direct materials used 11 , Direct labor 12 Manufacturing overhead 13 Total manufacturing costs 14 Beginning work in process inventory 15 Ending work in process inventony 16 Sales revenue 17 Sales discounts 18 Cost of goods manufactured 19 Beginning finished goods inventory 5,000 8,000 8,000 16,000 1,000 3,000 24,500 2,500 17,000 1,400 24,000 3,300 20 Cost of goods available for sale 21 Cost of goods sold 22 Ending finished goods inventory 23 Gross profit 24 Operating expenses 25 Net income 22,000 3,400 2,500 2,500 7,00 5,000 27 Indicate the missing amount for each letter. 29 Paste Format Activate Office to Create and Edit Buy Office or sign in to activate Office if you've already bought it. a.Indicate the missing amount for each letter. Direct materials used . Direct labor 9,600 ! 8,000 Manufacturing overhead 8,000 5 (a) Total manufacturing costs 6 (h) Beginning work in process inventory 7(b) Ending work in process inventory 16,000 1,000 3,000 Sales revenue 24,500 2,500 17,000 Sales discounts Cost of goods manufactured 24,000 0 1 (c) Beginning finished goods inventory 20 Cost of goods available for sale 43 (dxk) Cost of goods sold 22,000 solve k, before () Ending finished goods inventory 45 (e) Gross profit 46 ( Operating expenses 471(n Net income 5,000 b. Prepare a condensed cost of goods manufactured schedule for Case 1 50 51 CASE 1 Cost of Goods Manufactured Schedule Work in process, beginning Direct materials Direct labor Manufacturing overhead 56 58 59 60 61 Total manufacturing costs Total cost of work in process Less: Work in process, ending Cost of goods manufactured 63 C Presare an income statement and the current assets section of the balance sheet for Case 1. CH14.P1.A.Questions+ Ready