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| Your answer is partially correct. Try again. Indicate the missing amount for each letter. Case 1 2 Direct materials used $9,780 Direct labor Manufacturing overhead Total manufacturing costs 5,110 8,880 3390 (9) 8,920 4,140 23770 (a) 16,450 1,990 Beginning work in process inventory . Ending work in process inventory 2410 (n) 7780 (b) 3,590 Sales revenue 25,250 32730 Sales discounts Cost of goods manufactured Beginning finished goods inventory 2,790 17,980 1,500 22,450 4820 4,160 Goods available for sale 22,800 26610 16) Cost of goods sold Ending finished goods inventory Gross profit 18670 (d) 4,130 23590 (k) 3,020 3790 e) 7,640 Operating expenses 3,260 2500 Net Income (1 530) () 5,140 Your answer is partially correct. Try again. Prepare a condensed cost of goods manufactured schedule for Case 1. CASE 1 Cost of Goods Manufactured Schedule Work in Process Inventory, Beginning 1990 Direct Materials 9780 > Direct Labor 5110 Manufacturing Overhead 8880 Total Manufacturing Costs 23770 Cost of Goods Available for Sale 25760 Less Work in Process Inventory, Ending BUTC -7780 > Cost of Goods Manufactured 17980 Your answer is partially correct. Try again. Prepare an income statement for Case 1. CASE 1 Income Statement Sales Revenue 25250 Less Sales Discounts 2790 Net Sales M 22460 a to search o CASE 1 Income Statement Sales Revenue 25250 Less Sales Discounts 2790 Net Sales > 22460 Cost of Goods Sold Cost of Goods Manufactured 17980 Finished Goods Inventory, Beginning 4820 Cost of Goods Available for Sale 22800 Less Finished Goods Inventory, Ending 4130 Cost of Goods Sold M 18670 Gross Profit 3790 Operating Expenses 3260 Net Income (Loss) 530 Prepare the current assets section of the balance sheet for Case 1. Assume that in Case 1 the other items in the $690, and Prepaid Expenses $490. (List Current Assets in order of liquidity.) CASE 1 (Partial) Balance Sheet Current Assets Inventories Work In Process e to search CASE 1 (Partial) Balance Sheet tudy Current Assets Inventories x Work in Process X X X li 101 110 X XE Click if you would like to Show Work for this question: Open Show Work Tinnho