Question: Indicate the missing amount for each letter. Case 1 2 Direct materials used Direct labor Manufacturing overhead Total manufacturing costs Beginning work in process inventory

Indicate the missing amount for each letter. Case 1 2 Direct materials used Direct labor Manufacturing overhead Total manufacturing costs Beginning work in process inventory Ending work in process inventory $7.200 $9,700 3900 (g) 5,100 8,100 8,400 4,100 23.200 (a) 16,100 1,100 9100 (h) 3.100 Sales revenue 25,000 2500K Sales discounts 2,600 1.500 Cost of goods manufactured 17,100 22.100 Beginning finished goods inventory 3,400 Goods available for sale 22,100 3500 Cost of goods sold 18400 (d) (k) Ending finished goods inventory 3,500 2.600 Gross profit 3800 (e) 7,100 Operating expenses 2,800 Net income (1) 1000 (f) 5,100 (b) Your answer is correct. Prepare a condensed cost of goods manufactured schedule for Case 1. Work in Process Inventory, Beginning Direct Materials Direct Labor Manufacturing Overhead CASE 1 Cost of Goods Manufactured Schedule Total Manufacturing Costs Total Cost of Work in Process Less Work in Process Inventory, Ending Cost of Goods Manufactured 9700 5100 8400 1100 2300 122001 (c) Prepare an income statement for Case 1. : CASE 1 Income Statement $ Prepare the current assets section of the balance sheet for Case 1. Assume that in Case 1 the other items in the current assets section are as follows: Cash $3,100, Receivables (net) $15,100, Raw Materials $610, and Prepaid Expenses $410. (List Current Assets in order of liquidity.) CASE 1 (Partial) Balance Sheet

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