For each of the following independent cases (14), compute the missing values. Case 1 Case 2 Case
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For each of the following independent cases (1–4), compute the missing values.
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Case 1 Case 2 Case 3 Case 4 $16,000 55,000 Beginning raw materials Raw material purchases Indirect materials issuerd Ending raw material:s Direct materials used Direct labor Manufacturing overhead applied Total current manufacturing costs Beginning work in process Ending work in process Cost of goods manufactured Beginning finished goods Ending finished goods Cost of goods sold $7,000 63,000 1,400 2,800 a. 40,600 72,800 b. 57,400 24,500 2,000 4,500 27,000 33,312 1,200 1,000 46,750 26,976 61,625 270,865 80,700 151,200 65,200 24,864 74,320 k. 33,000 71,380 41,520 m. 51,260 118,050 412,950 194,600 159,600 100,800 112,000 60 198,600 419,700 d. 142,000 90,700
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Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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