Question
Need help on this one. Please show all work. Thank you. Determine the missing amounts in each of the following independent cases. 258,000 291,000 315,000
Need help on this one. Please show all work. Thank you.
Determine the missing amounts in each of the following independent cases. 258,000 291,000 315,000 108,000 123,000 613,000 231,000 144,000 Beginning inventory, raw material Ending inventory, raw material Purchases of raw material Direct material used Direct labor Manufactunng overhead Total manufacturing costs Beginning inventory, work in process Ending inventory, work in process Cost of goods manufactured Beginning inventory, finished goods Cost of goods available for sale Ending inventory, finished goods Cost of goods sold Sales Gross margin Selling and administrative expenses Income before taxes Income tax expense Net income 183,000 215,000 155,000 615,000 73,000 115,000 613,000 315,000 83,000 66,000 63,000 9,000 18,000 64 ,ooo 83,000 185,000 2,800 190,000 203 14,000 270,000 48,000 29,000
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