Determining missing data Following are partial data from four independent income state- ments. Question marks represent missing data.

REQUIRED Fill in the missing data for each situation.

Situation W X Y Z Sales $90,000 $60,000 $110,000 ? Beginning finished goods 12,000 7,000 ? ? Beginning work in process. 9,000 5,000 15,000 $14,000 Direct materials ... 22,000 16,000 19,000 13,000 Direct labor.... ? 21,000 18,000 29,000 Manufacturing overhead 17,000 19,000 ? 18,000 Ending work in process 18,000 9,000 9,000 ? Cost of goods manufactured 57,000 ? 65,000 67,000 Ending finished goods 19,000 ? 11,000 21,000 Cost of goods sold ? 39,000 84,000 73,000 Gross margin... Operating expenses Net income .. ? ? ? 24,000 ? 23,000 ? ? $ 9,000 ? ($6,000) $7,000