sheet, placing the dollar amount per month under the appropriate headings. Total the dollar amounts in each of the columns. b. Compute the cost to produce one audio system. P1.3A (LO 3), AN are as follows. Incomplete manufacturing costs, expenses, and selling data for two different cases Instructions Direct materials used Direct labor Manufacturing overhead Total manufacturing costs Beginning work in process inventory Ending work in process inventory Sales revenue Sales discounts Cost of goods manufactured Beginning finished goods inventory Goods available for sale Cost of goods sold Ending finished goods inventory Gross profit Operating expenses Net income a. Indicate the missing amount for each letter. Case 1 2 9.600 $ (g) 5.000 8,000 8,000 4,000 (a) 16,000 1,000 (h) (b) 3.000 24,500 (i) 2,500 1,400 17,000 24,000 (c) 3,300 22,000 (j) (d) (k) 3,400 2,500 (e) 7,000 2.500 (f) (1) 5,000 b. Prepare a condensed cost of goods manufactured schedule for Case 1. Indicate the missing amount of different cost items, and prepare a condensed cost of goods manufac- tured schedule, an income statement, and a partial balance sheet. c. Prepare an income statement and 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 $3,000, Receivables (net) $15,000, Raw Materials $600, and Prepaid Expenses $400. b. Ending WIP $ 6,600 c. Current assets $29,000