Question
Required: Treating each case independently, selected from the manufacturing data given below, find the missing amounts. You should do them in the order listed.
Required: Treating each case independently, selected from the manufacturing data given below, find the missing amounts. You should do them in the order listed. (Hint: For the manufacturing costs in Case 3, first solve for conversion costs and then determine how much of that is direct labor and how much is manufacturing overhead.) Note: Do not round your intermediate calculations. Round your final answers to the nearest whole dollar. Enter all amounts as positive values. Case 1 Case 2 Case 3 Direct materials used Direct labor 10,000 14,400 12,000 Manufacturing overhead applied 10,500 Total current manufacturing costs 25,000 29,100 Beginning work in process inventory 8,700 8,400 Ending work in process inventory 5,800 9,100 Cost of goods manufactured 45,000 29,001 Beginning finished goods inventory 4,700 10,600 Ending finished goods inventory) 7,900 6,600 Cost of goods sold 42,000 40,000
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