QUESTION ONE For each of the following cases, find the missing data. Each case is independent of the others. Case 1 Case 2 Case 3 Sales $15,000 $35,000 Direct materials used 5,000 2,000 3,700 Gross Profit 6,000 27,000 10,000 Accounts payable, 5,300 4,000 2,300 beginning Accounts payable, 4,200 5,000 2,600 ending Beginning finished 1,500 4,000 8,000 goods Ending finished 2,000 (d) 6,000 goods Cost of goods sold (a) 8,000 30,000 Total manufacturing (b) 10,000 33,700 costs Direct labor 2,500 9,000 Factory overhead 2,000 3,5000 21,000 Accounts receivable, 6,200 5,000 4,200 beginning Accounts receivable, 7,100 6,000 4,300 ending Beginning work-in- 5,000 5,000 process Ending work-in- 4,000 6,700 process Purchase of direct 6,000 2,500 500 materials Cost of goods (c) 12,000 28,000 manufactured (h) Page 1 of 3 532 words + 100