PROBLEM 2-5 Supplying Missing Data (L05 - CC10; L06 - CC11, 12] Required: Supply the missing data in the following cases. Each case is independent of the others. CHECK FIGURE Case 1 Goods available for sale = $68,000 Case 1 2 3 Direct materials $14,500 $ 60,000 $5,000 $23,000 Direct labour ? 23,000 7,000 14,000 25,000 44,000 ? 19,000 Manufacturing overhead Total manufacturing costs Beginning work-in-process inventory 58.500 ? 20,000 3,500 ? 3,000 ? Ending work-in-process inventory ? 4,000 4,000 8,500 Cost of goods manufactured 58,000 131,000 ? ? Sales 80,000 201,000 36,000 90,000 Beginning work-in-process inventory 3,500 ? 3,000 ? Ending work-in-process inventory ? 4,000 4,000 8,500 Cost of goods manufactured 58,000 131,000 ? ? Sales 80,000 201,000 36,000 90,000 Beginning finished goods inventory 10,000 12,500 ? 12,000 Cost of goods manufactured ? ? ? 47,500 Goods available for sale ? ? ? ? Ending finished goods inventory ? 11,500 4,000 3,500 Cost of goods sold 67,000 ? 18,500 ? Gross margin 13,000 ? 17,500 ? Operating expenses ? 33,500 ? ? Net income 4,000 ? 5,000 9,000