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only part c Question 3 of 4 0.41 / 1 View Policies Show Attempt History Current Attempt in Progress Incomplete manufacturing costs, expenses, and selling

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Question 3 of 4 0.41 / 1 View Policies Show Attempt History Current Attempt in Progress Incomplete manufacturing costs, expenses, and selling data for two different cases for the year ended December 31, 2022, are as follows. (a) Your Answer Correct Answer - Your answer is partially correct. Determine the missing amount for each letter. Case 1 2 Direct materials used $10,090 $ 3740 (g) Direct labor 5,350 8,660 Manufacturing overhead 8,830 4,690 Question 3 of 4 0.41 / 1 ill Direct labor 5,350 8,660 Manufacturing overhead 8,830 4,690 Total manufacturing costs 24270 (a) 17,090 Beginning work in process inventory 1,200 9810 (h) Ending work in process inventory 8040 4,030 (b) Sales revenue 25,180 33120 (0) Sales discounts 2,710 2,450 Cost of goods manufactured 17,430 22,870 Beginning finished goods inventory 5400 (c) 3,560 Cost of goods available for sale 22,830 26430 (j Cost of goods sold 18810 22870 (d) (k) Ending finished goods inventory 4,020 3,560 Gross profit 3200 7,800 (e) Operating expenses 3,170 2280 (1) - ron Question 3 of 4 0.41 / 1 ill Direct labor 5,350 8,660 Manufacturing overhead 8,830 4,690 Total manufacturing costs 24270 (a) 17,090 Beginning work in process inventory 1,200 9810 (h) Ending work in process inventory 8040 4,030 (b) Sales revenue 25,180 33120 (0) Sales discounts 2,710 2,450 Cost of goods manufactured 17,430 22,870 Beginning finished goods inventory 5400 (c) 3,560 Cost of goods available for sale 22,830 26430 (j Cost of goods sold 18810 22870 (d) (k) Ending finished goods inventory 4,020 3,560 Gross profit 3200 7,800 (e) Operating expenses 3,170 2280 (1) - ron Cost of goods sold 18810 22870 (d) (k) Ending finished goods inventory 4,020 3,560 Gross profit 3200 (e) 7,800 Operating expenses 3,170 2280 (1) Net income 30 5,520 (f) e Textbook and Media Solution Attempts: 3 of 3 used Using multiple attempts has impacted your score. 15% score reduction after attempt 2 (b) Your Answer Correct Answer Your answer is correct. Your Answer Correct Answer Your answer is correct. Prepare a condensed cost of goods manufactured schedule for Case 1. CASE 1 Cost of Goods Manufactured Schedule For the Year Ended December 31, 2022 Work in Process, Beginning $ 1200 Direct Materials $ 10090 Direct Labor 5350 Manufacturing Overhead 8830 Total Manufacturing Costs 24270 Total Cost of Work in Process 25470 Less : Work in Process, Ending 8040 i Cost of Goods Manufactured $ 17430 Question 3 of 4 0.41 / 1 III Less : Work in Process, Ending 8040 i Cost of Goods Manufactured $ 17430 e Textbook and Media Attempts: 3 of 3 used Using multiple attempts has impacted your score. 15% score reduction after attempt 2 (c) Prepare an income statement for Case 1. CASE 1 Income Statement + $ : $ c (c) Prepare an income statement for Case 1. CASE 1 Income Statement $ A: $ 9 $ 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 $4,020, Receivables (net) $15,680, Raw Materials $660, and Prepaid Expenses $500. (List Current Assets in order of liquidity.) CASE 1 Balance Sheet (Partial) CASE 1 Balance Sheet (Partial) ASSETS $ $ $

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