Question: Your answer is correct. Indicate the missing amount. Case 1 2 Direct materials used $9.600 $ 4000 5.000 8,000 Direct labor Manufacturing overhead Total manufacturing


Your answer is correct. Indicate the missing amount. Case 1 2 Direct materials used $9.600 $ 4000 5.000 8,000 Direct labor Manufacturing overhead Total manufacturing costs 8,000 4,000 16,000 22600 Beginning work in process inventory 1.000 11000 Ending work in process inventory 6600 3,000 Sales revenue 24,500 33200 Sales discounts Cost of goods manufactured Beginning finished goods inventory 2,500 17,000 1,400 24,000 SOOD 3,300 Goods available for sale 22.000 27300 18600 Cost of goods sold Ending finished goods inventory Gross profit 24800 2,500 3,400 3400 7,000 Operating expenses 2,500 2000 Net income 900 5,000 - Your answer is partially correct. Prepare a condensed cost of goods manufactured schedule for Case 1. CASE 1 Cost of Goods Manufactured Schedule Direct Materials $ 9600 Direct Labor 5000 Manufacturing Overhead 8000 Total Manufacturing Costs 22600 Work in Process Inventory, Beginning 1000 Total Cost of Work in Process 23:00 Less Work in Process Inventory, Ending 6600 Cost of Goods Manufactured 14 17000
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