Question: Indicate the missing amount for each letter. Case 1 2 Direct materials used $10,100 $ Direct labor Manufacturing overhead 5,380 8,580 (g) 8,270 4,210 Total



Indicate the missing amount for each letter. Case 1 2 Direct materials used $10,100 $ Direct labor Manufacturing overhead 5,380 8,580 (g) 8,270 4,210 Total manufacturing costs 16,110 (a) Beginning work in process inventory 1,950 Ending work in process inventory 3,160 (b) Sales revenue 25,860 Sales discounts Cost of goods manufactured 2,870 18,050 0) 2,060 22,610 Beginning finished goods inventory 4,310 (c) Goods available for sale 22,450 Cost of goods sold (d) 4,280 (k) 3,580 Ending finished goods inventory Gross profit 7,550 Operating expenses 2,900 o Net income 5,780 Prepare a condensed cost of goods manufactured schedule for Case 1. CASE 1 Cost of Goods Manufactured Schedule $ $ 7 y $ CASE 1 Income Statement v v $ CALCULATOR PRINTER VERSION
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
