E18-24. Account Activity and Relationships Case A Case B Case C Case D Sales ........................................ $42,000 35 (b) $82,500 13 (b) Direct materials ................................ 7,500 31,500 (f) 42,000 Direct labor ................................... 3,000 (c) 15,000 (c) Total direct costs .............................. (a) 48,000 (e) 60,000 Conversion cost ............................... (b) 39,000 (g) {9) Manufacturing overhead ......................... 4,000 (d) 7,500 (f) Current manufacturing costs ..................... (c) (e) 71,250 158,000 Work-in-process, beginning ...................... 3,500 15,000 (d) 42,000 Work-in-process, ending ......................... 2,500 (f) 15,750 (e) Cost of goods manufactured ..................... (d) 48,000 (c) 164,000 Finished goods inventory, beginning ............... 4,500 12,000 5,250 24,000 Finished goods inventory, ending .................. 3,000 (g) 6,000 (d) Cost of goods sold ............................. (e) 52,500 (b) 160,000 Gross profit ................................... (f) (a) 13,500 30,000 Selling and administrative expenses ............... 10,000 22,500 (a) (a) Net income ................................... (9) 33,000 9,000 12,000 Required Each case is independent. Solve for missing data in alphabetical order. (Hint: Refer to Exhibit 18.6, p. 1816 and the WIP table, p. 1824.)