Use given information!

PROBLEM 2 (USING CONCEPTS of chapters 2&3, No need to show steps) For each of the following independent cases, find the unknowns designated by the capital letters. Please label your answers using the capital letters. $ Direct materials used Direct manufacturing labor Variable marketing, distribution, and customer-service costs Fixed manufacturing overhead Fixed marketing, distribution, and customer-service costs Gross margin Finished goods inventory, January 1 Finished goods inventory, December 31 Contribution margin (dollars) Revenues Direct materials inventory, January 1 Direct materials inventory, December 31 Variable manufacturing overhead Work-in-process inventory, January 1 Work-in-process inventory, December 31 Purchases of direct materials Breakeven point in revenues) Cost of goods manufactured Operating income (loss) Case 1 H $ 30,000 K I J 25,000 0 0 30,000 100,000 12,000 5,000 5,000 0 0 15,000 66,667 G L Case 2 40,000 15,000 T 20,000 10,000 20,000 5,000 5,000 V 100,000 20,000 W X 9,000 9,000 50,000 Y U (5,000)