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Problem 19-03A a-c (Video) Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. Indicate the missing amount for each letter.
Problem 19-03A a-c (Video) Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. Indicate the missing amount for each letter. Case Direct materials used Direct labor Manufacturing overhead $10,190 5,130 8,720 8,660 4,960 16,760 Total manufacturing costs Beginning work in process inventory (a) 1,840 Ending work in process inventory 3,920 Sales revenue Sales discounts Cost of goods manufactured Beginning finished goods inventory 25,500 2,880 18,010 2,240 22,790 4,140 Goods available for sale (c) 22,620 Cost of goods sold Ending finished goods inventory Gross profit 3,680 (k) 3,270 7,750 Operating expenses 3,250 Net income 5,990 Prepare a condensed cost of goods manufactured schedule for Case 1. CASE 1 Cost of Goods Manufactured Schedule Prepare an income statement for Case 1. CASE 1 Income Statement Prepare the current a cts section of the balance sheet for Case 1. Assume that in case the other items in the current assets section are as follows: Cash $3,570, Receivables (net) $16.040, Raw Materials $710, and Prepaid Expenses $470. (List Current Assets in order of liquidity.) CASE 1 (Partial) Balance Sheet
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