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Cost of Goods Manufactured and Sold The following data relate to three independent production periods of Riverside Manufacturing Company. Missing data are indicated by question

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Cost of Goods Manufactured and Sold The following data relate to three independent production periods of Riverside Manufacturing Company. Missing data are indicated by question marks. A B C Materials: Beginning inventory $364 5 1,148 5770 Purchases ? 4900 3,500 Ending inventory 518 700 ? Total material used 2,310 ? 3.080 Direct labor 4,060 6,720 5,600 Manufacturing overhead: Indirect material 672 ? 840 Indirect labor 1.120 1,050 2,450 Other ? 1,400 2,380 Total manufacturing overhead 3,640 3,360 ? Work in process inventories: Beginning ? 630 1,820 Ending 490 7700 Finished goods inventories: Beginning ? 2,800 560 Ending 2,345 840 2,310 Cost of goods manufactured 9,688 Cost of goods sold 9.373 16.268 ? 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 M Direct Material: Beginning materials inventory Cost of material purchased Cost of material available Less Ending materials inventory Total materialused Less: Indirect materialused Direct merused Direct labor acturing overhead Indirect material Indirect labor Other manufacturing overhead Total manufacturing overhoud Total manufacturing costs Add: Bering work in process inventory Total cost of work in process Les Ending work in process inventory Cost of goods manufactured Add: Beginning finished poods inventory Cost of goods available Less Ending finished goods inventory Cost of goods sold

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