Supply the missing data in the following cases. Each case is independent of the

Question

Supply the missing data in the following cases. Each case is independent of the others. (Leave no cells blank be certain to enter "O" wherever required.) Case 2 4 Direct materials Direct labour Manufacturing overhead Total manufacturing costs Beginning work-in-process $4,900 $6,400$5,400 $ 3,400 4,400 9,400 3,400 4,400 7,400 5,400 18,900 2,900 20,400 3,400 4,400 invento Ending work-in-process inventory Cost of goods manufactured Sales Beginning finished goods inventory Cost of goods manufactured Goods available for sale Ending finished goods inventory Cost of goods sold Gross margin Operating expenses Net income 1,400 15,000 23,000 2,900 3,200 18,400 25,200 1,400 36,400 40,400 2,400 18,300 1,900 4,400 16,100 20,300 3,900 17,100 8,100 3,850 $4,400 $5,800$9,400

Explanation / Answer

CASE1 CASE2 CASE3 CASE4 Direct material 4900 6400 5400 3400 Direct labour 8600 3400 7400 4400 Manufacturing Overhead 5400 4400 7600 9400 Total manufacturing cost 18900 14200 20400 17200 Beginning WIP 2900 2200 3400 4300 Ending WIP 3400 1400 4400 3200 Cost of goods mnaufactured 18400 15000 19400 18300 Sales 25200 23000 36400 40400 beginning Finished goods 1400 2900 1100 2400 Cost of goods mnaufactured 18400 15000 19400 18300 Goods available ffor sale 19800 17900 20500 20700 Ending Finished goods 2700 1900 4400 3900 Cost of goods sold 17100 16000 16100 16800 Gross margin 8100 7000 20300 23600 Operatin expense 3700 3850 14500 14200 Net inccome 4400 3150 5800 9400

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