Question 7 Answer saved Marked out of 2.00 Cost of Goods Manufactured and Sold Flag question The following data relate to three independent production periods of Randolph Manufacturing Company. Missing data are indicated by question marks. Materials: Beginning inventory Purchases Ending inventory Total material used Direct labor Manufacturing overhead: Indirect material A B C $78 $410 $220 ? 1,750 1,000 250 ? ? 880 111 495 870 2,400 1,600 144 ? 110 Indirect labor 240 375 700 Other Total manufacturing overhead Work in process inventories: Beginning ? 500 680 780 1,100 ? ? 225 520 Ending 105 ? 200 Finished goods inventories: Beginning ? 1,000 160 Ending 495 300 660 Cost of goods manufactured Cost of goods sold 2,076 ? 2,016 5,275 ? ? Using the above data, determine the missing amounts. (You should set up a schedule of cost of goods manufactured and sold, fill in the known data, and calculate the missing amounts.) Do not use negative signs with any of your answers. Schedule of Cost of Goods Manufactured and Sold A B Direct Material: Beginning materials inventory $ 78 $410 $220 Cost of materials purchased 0 0 0 Cost of material available 0 0 0 Less: Ending materials inventory 0 0 0 Total material used 0 0 0 Less: Indirect material used 0 0 0 Direct material used 0 0 0 Direct labor 870 2,400 1,600 Manufacturing overhead: Indirect material 0 0 0 Indirect labor 0 0 0 Other manufacturing overhead 0 0 0 Total manufacturing overhead 0 0 0 Total manufacturing costs 0 0 0 Add: Beginning work in process inventory 0 0 0 Total cost of work in process 0 0 0 Less: Ending work in process inventory 0 0 0 Cost of goods manufactured 0 0 0 Add: Beginning finished goods inventory 0 0 0 Cost of goods available 0 0 0 Less: Ending finished goods inventory Cost of goods sold 0 0 0 $ 0 $ 0 $ 0