Supply the missing data in the four cases below. Each case is independent of theothers. 4 Schedule

Supply the missing data in the four cases below. Each case is independent of theothers.

Transcribed Image Text:

4 Schedule of Cost of Goods Manufactured Direct materials Direct labor Manufacturing overhead. Total manufacturing costs. Beginning work in process inventory Ending work in process inventory Cost of goods Income Statement $6,000 $7,000 $2,000 16,000 31,500 $7,000 $2,000 $10,000 $9,000 $4,000 $8,000 $3,000 $21,000 7 $25,000 $18,000 2 $3,500 $2,000 $18,000 ? Sales.. Beginning finished goods inventory. .. Cost of goods manufactured Goods available for sale Ending finished goods inventory Cost of goods sold. . Gross margin. Selling and administrating expenses.. Net operating income $25,000 $40,000 $30,000 $50,000 $9,000 ? $16,000 31,500 $6,000 $18,000 $7,000 0 $4,000 $26,500 $9,000 $7,000 6 ? $18,000 2 $6,000 2 $10,000 $5,500 3,000 s