Question: Indicate the missing amount for each letter. Case 2 Direct materials used $9.700 $ Direct labor Manufacturing overhead Total manufacturing costs 5,100 8,900 8.170 4,130




Indicate the missing amount for each letter. Case 2 Direct materials used $9.700 $ Direct labor Manufacturing overhead Total manufacturing costs 5,100 8,900 8.170 4,130 (a) 16,310 Beginning work in process inventory 1,240 (h) Ending work in process inventory (b) 3,980 Sales revenue 25,680 0 Sales discounts Cost of goods manufactured Beginning finished goods inventory 2,910 17,830 1,500 22.980 Activate Go to Setting (c) 3,550 Beginning work in process inventory 1.240 (h) Ending work in process inventory (b) 3.980 Sales revenue 25,680 (0) Sales discounts Cost of goods manufactured Beginning finished goods inventory 2,910 17,830 1,500 22.980 (c) 3.550 Goods available for sale 22,390 0 (d) ( Cost of goods sold Ending finished goods inventory Gross profit 3,750 3.340 (e) 7.320 Operating expenses 3,200 Net income (0) 5.190 Activate Prepare a condensed cost of goods manufactured schedule for Case 1. Prepare an income statement for Case 1. 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 $3,640, Receivables (net) $16,100, Raw Materials $660, and Prepaid Expenses $450. (List Current Assets in order of liquidity.)
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