For each of these three cases, determine the missing amounts indicated by question marks. Case 2 Case
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For each of these three cases, determine the missing amounts indicated by question marks.
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Case 2 Case 1 $7 19,480 Case 3 $7 34,000 18,000 86,000 38,000 Sales Finished goods inventory, beginning Work-in-process inventory, beginning Direct materials Direct labor Manufacturing overhead applied Work-in-process inventory, ending Cost of goods manufactured Finished goods inventory, ending Cost of goods sold Gross margin Operating expenses Netincome (loss) $95,000 9,000 8,000 19,000 30,000 26,000 134,650 76,420 157 830 28,845 350,175 34,000 146,000 66,000 32,000 352,095 77,715 132,000 36,000 28,000 19,000 3,000 (39,707)
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Case 1 Workinprocess beginning Direct materials 134650 Direct labor 76420 Applied overhead 157830 Workinprocess available 379020 Cost of goods manufac...View the full answer
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Related Book For
Introduction to Accounting An Integrated Approach
ISBN: 978-0078136603
6th edition
Authors: Penne Ainsworth, Dan Deines
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