Problem 2-25 Working with Incomplete Data from the Income Statement and Schedule of Cost of Goods Manufactured [LO3, LO4]

Supply the missing data in the four cases that follow. Each case is independent of the others:

Case 1 2 3 4 Schedule of Cost of Goods Manufactured Direct materials $ $ $ 12,200 $ 9,200 8,800 2,080 24,800 11,000 3,380 23,840 14,400 25,280 14,900 37,080 Direct labour Manufacturing overhead Total manufacturing costs Beginning work in process inventory Ending work in process inventory Cost of goods manufactured Income Statement 65,600 3,760 (11,520) 4,440 (5,600) 23,680 (2,540) 35,500 $ $ 35,200 $ Sales $ $ 86,000 $ 77,800 $ 76,300 44,000 8,800 Beginning finished goods inventory Cost of goods manufactured Goods available for sale 14,100 35,200 9,880 35,500 23,680 14,400 15,800 7,500 55,940 40,600 Ending finished goods inventory Cost of goods sold Gross margin Selling and administrative expenses Operating income 16,000 24,700 12,860 12,900