Question: 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
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 $ 10,100 $ 7,600 $ 1,900 12,000 19,400 $ 8,600 Direct labour 8,600 3,200 22,400 51,800 Manufacturing overhead Total manufacturing costs Beginning work in process inventory Ending work in process inventory Cost of goods manufactured 12,200 30,600 3,600 2,800 (8,700) (4,700) 20,200 (2,300) 33,400 $ $ 28,600 $ Income Statement Sales $ 35,000 $ 71,000 $ 65,500 61,000 $ 11,700 7,300 9,400 20,200 28,600 33,400 11,700 11,600 7,200 Beginning finished goods inventory Cost of goods manufactured Goods available for sale Ending finished goods inventory Cost of goods sold Gross margin Selling and administrative expenses Operating income 46,400 32,800 11,800 19,000 10,400 9,300
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