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Supply the missing data in the following cases. Each case is independent of the others. Problem 2-5 Supplying Missing Data (LO5 - CC10; LO6 -
Supply the missing data in the following cases. Each case is independent of the others.
Problem 2-5 Supplying Missing Data (LO5 - CC10; LO6 - CC11, 12) Supply the missing data in the following cases. Each case is independent of the others. (Leave no cells blank - be certain to enter"o" wherever required.) Case 1 2 3 4 Direct materials Direct labour Manufacturing overhead Total manufacturing costs Beginning work-in-process $5,500$7,0006,000$ 4,000 5,000 10,000 19,000 8,000 6,000 19,500 3,500 4,000 5,000 16,000 8,000 7,000 21,000 4,000 5,000 inventor Ending work-in-process inventory Cost of goods manufactured Sales Beginning finished goods inventory Cost of goods manufactured Goods available for sale Ending finished goods inventory Cost of goods sold Gross margin Operating expenses Net income 3,500 19,500 41,000 3,000 19,500 22,500 4,500 18,000 19,000 25,600 2,000 19,000 2,000 16,500 26,000 3,500 16,500 37,000 21,300 5,000 16,300 20,700 13,700 2,500 17,200 8,400 3,400 $ 5,000 4,450 $7,000$10,000Step by Step Solution
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