P19-3A Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. Case 1 2 Direct materials used Direct labor Manufacturing overhead Total manufacturing costs $ 9,600 $ (g) 5,000 8,000 8,000 4,000 (a) 16,000 Beginning work in process inventory Ending work in process inventory 1,000 (h) (b) 3,000 Sales revenue 24,500 (i) Sales discounts 2,500 1,400 Cost of goods manufactured 17,000 24,000 Beginning finished goods inventory (c) 3,300 Ending finished goods inventory Operating expenses Goods available for sale Cost of goods sold Gross profit Net income Instructions (a) Indicate the missing amount for each letter. (b) Prepare a condensed cost of goods manufactured schedule for Case 1. (c) Prepare an income statement and 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 $3,000, Receivables (net) $15,000, Raw Materials $600, and Prepaid Expenses $400. 22,000 (j) (d) (k) 3,400 2,500 (e) 7,000 2,500 (f) (1) 5,000