Problem 19-03A a-c (Video) Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. X Your answer is incorrect. Try again. Indicate the missing amount for each letter. Case 1 Direct materials used $9,920 Direct labor Manufacturing overhead 5,270 9,020 8,640 5,000 Total manufacturing costs 16,390 Beginning work in process inventory 1,520 Ending work in process inventory 3,480 Oxb) Sales revenue 25,120 Sales discounts Cost of goods manufactured 2,740 17,590 1,690 22,240 Beginning finished goods inventory 3,450 Goods available for sale 22,210 Cost of goods sold Ending finished goods inventory 3,960 3,250 Gross profit 7,450 Operating expenses 3,160 Net income 5,980 SHOW SOLUTION SHOW ANSWER LINK TO TEXT weyganul, Accounting Principles, 13e Help System Announcements x Your answer is incorrect. Try again. Prepare a condensed cost of goods manufactured schedule for Case 1. CASE 1 Cost of Goods Manufactured Schedule LUDO SHOW ANSWER LINK TO TEXT CASE 1 Income Statement monono T 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 $3,710, Receivables (net) $15,980, Raw Materials $610, and Prepaid Expenses $460. (list Current Assets in order of uidity.) CASE 1 (Partial) Balance Sheet . UUT SHOW SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: SIMILAR PROBLEM Problem 19-03A a-c (Video) Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. X Your answer is incorrect. Try again. Indicate the missing amount for each letter. Case 1 Direct materials used $9,920 Direct labor Manufacturing overhead 5,270 9,020 8,640 5,000 Total manufacturing costs 16,390 Beginning work in process inventory 1,520 Ending work in process inventory 3,480 Oxb) Sales revenue 25,120 Sales discounts Cost of goods manufactured 2,740 17,590 1,690 22,240 Beginning finished goods inventory 3,450 Goods available for sale 22,210 Cost of goods sold Ending finished goods inventory 3,960 3,250 Gross profit 7,450 Operating expenses 3,160 Net income 5,980 SHOW SOLUTION SHOW ANSWER LINK TO TEXT weyganul, Accounting Principles, 13e Help System Announcements x Your answer is incorrect. Try again. Prepare a condensed cost of goods manufactured schedule for Case 1. CASE 1 Cost of Goods Manufactured Schedule LUDO SHOW ANSWER LINK TO TEXT CASE 1 Income Statement monono T 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 $3,710, Receivables (net) $15,980, Raw Materials $610, and Prepaid Expenses $460. (list Current Assets in order of uidity.) CASE 1 (Partial) Balance Sheet . UUT SHOW SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: SIMILAR
