11:02 PM Fri 19 Mar © 25% O A igra.blackboard.com Supply the missing data in the four cases below. Each case is independent of the others. Case 1 2 3 4 Schedule of Cost of Goods Manufactured Direct...


11:02 PM Fri 19 Mar<br>© 25% O<br>A igra.blackboard.com<br>Supply the missing data in the four cases below. Each case is independent of the others.<br>Case<br>1<br>2<br>3<br>4<br>Schedule of Cost of Goods Manufactured<br>Direct materials ..<br>$7,000<br>$9,000<br>$6,000<br>$8,000<br>Direct labor ..<br>Manufacturing overhead.<br>Total manufacturing costs. .<br>Beginning work in process inventory.<br>Ending work in process inventory.<br>Cost of goods manufactured<br>$2,000<br>$4,000<br>?<br>$3,000<br>$10,000<br>?<br>$7,000<br>$21,000<br>...<br>?<br>$25,000<br>$18,000<br>?<br>?<br>$1,000<br>$2,000<br>?<br>$4,000<br>$3,500<br>?<br>$2,000<br>$18,000<br>?<br>$16,000<br>$31,500<br>Income Statement<br>Sales....<br>$25,000<br>$40,000<br>$30,000<br>$50,000<br>Beginning finished goods inventory<br>Cost of goods manufactured<br>Goods available for sale...<br>Ending finished goods inventory.<br>Cost of goods sold..<br>Gross margin......<br>Selling and administrating expenses.<br>Net operating income. .<br>$6,000<br>?<br>$7,000<br>$9,000<br>$18,000<br>?<br>$16,000<br>$31,500<br>?<br>?<br>?<br>?<br>$9,000<br>$4,000<br>?<br>$7,000<br>?<br>$26,500<br>?<br>$18,000<br>?<br>?<br>?<br>$6,000<br>?<br>?<br>$10,000<br>$<br>?<br>$5,500<br>$3,000<br>$<br>?<br>

Extracted text: 11:02 PM Fri 19 Mar © 25% O A igra.blackboard.com Supply the missing data in the four cases below. Each case is independent of the others. Case 1 2 3 4 Schedule of Cost of Goods Manufactured Direct materials .. $7,000 $9,000 $6,000 $8,000 Direct labor .. Manufacturing overhead. Total manufacturing costs. . Beginning work in process inventory. Ending work in process inventory. Cost of goods manufactured $2,000 $4,000 ? $3,000 $10,000 ? $7,000 $21,000 ... ? $25,000 $18,000 ? ? $1,000 $2,000 ? $4,000 $3,500 ? $2,000 $18,000 ? $16,000 $31,500 Income Statement Sales.... $25,000 $40,000 $30,000 $50,000 Beginning finished goods inventory Cost of goods manufactured Goods available for sale... Ending finished goods inventory. Cost of goods sold.. Gross margin...... Selling and administrating expenses. Net operating income. . $6,000 ? $7,000 $9,000 $18,000 ? $16,000 $31,500 ? ? ? ? $9,000 $4,000 ? $7,000 ? $26,500 ? $18,000 ? ? ? $6,000 ? ? $10,000 $ ? $5,500 $3,000 $ ?

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