pare a cost of goods manufactured chule, an income statement, and a "al statement of financial position Ending WIP 66,000 urrent assets 290,000 as follows. Incomplete manufacturing costs, expenses, and selling data for two different cases are Instructions Direct materials used Direct labor Manufacturing overhead Total manufacturing costs Beginning work in process inventory Ending work in process inventory Sales revenue Sales discounts Cost of goods manufactured Beginning finished goods inventory Goods available for sale Cost of goods sold Ending finished goods inventory Gross profit Operating expenses Net income a. Indicate the missing amount for each letter. Case 2 96,000 (g) 50,000 80,000 80,000 40,000 (a) 160,000 10,000 (h) (b) 30,000 245,000 (i) 25,000 14,000 170,000 240,000 (c) 33,000 220,000 (d) (k) 34,000 25,000 (e) 70,000 25,000 (f) (1) 50,000 b. Prepare a condensed cost of goods manufactured schedule for Case 1.. c. Prepare an income statement and the current assets section of the statement of financial position for Case 1. Assume that in Case I the other items in the current assets section are as follows: Cash 30,000, Receivables (net) V150,000, Raw Materials 6,000, and Prepaid Expenses 4,000. P.3 (LO 3), AN Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. Instructions Case Cost of goods manufactured Direct materials used Direct labor Manufacturing overhead Total manufacturing costs Beginning work in process inventory Ending work in process inventory Sales revenue Sales discounts 1 2 Y 96,000 (g) 50,000 80,000 80,000 40,000 (a) 160,000 10,000 (h) (b) 30,000 245,000 (i) 25,000 14,000 ant 170,000 240,000 (c) 33,000 220,000 (j) (d) (k) Ending finished goods inventory 34,000 25,000 (e) 70,000 25,000 (1) (f) 50,000 Beginning finished goods inventory Goods available for sale Cost of goods sold Gross profit Operating expenses Net income 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 statement of financial position for Case 1. Assume that in Case 1 the other items in the current assets section are as follows: Cash 30,000, Receivables (net) 150,000, Raw Materials 6,000, and Prepaid Expenses 4,000