Problem 14-3A (Part Level Submission)

Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.

(a) Indicate the missing amount. Case 1 2 Direct materials used $10,150 Direct labor 6,020 8,630 8,170 4,470 Manufacturing overhead Total manufacturing costs 16,140 Beginning work in process inventory 1,720 Ending work in process inventory 3,200 Sales revenue 25,850 Sales discounts Cost of goods manufactured 2,630 17,310 1,750 22,300 Beginning finished goods inventory 3,880 Goods available for sale 23,010 Cost of goods sold Ending finished goods inventory 3,570 3,160 Gross profit 7,640 Operating expenses 3,080 Net income 5,510