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 $ 5,100S 6,6005,600$ 3,600 4,600 9,600 17,800 8,400 5,600 19,100 3,100 3,600 18,600 30,400 1,600 7,600 7,400 20,600 3,600 4,600 3,600 4,600 14,800 inven 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 1,600 15,500 24,000 3,100 3,300 36,600 40,600 2,600 18,700 2,100 4,600 18,700 17,900 4,100 17,100 13,300 4,050 $4,600 6,200 9,600

Explanation / Answer

CASE1 CASE2 CASE3 CASE4 Direct Material 5100 6600 5600 3600 Direct labour 8400 3600 7600 4600 Manufacturing overheads 5600 4600 7400 9600 Total Manufacturing cost 19100 14800 20600 17800 Beginning WIP 3100 2300 3600 4200 Ending WIP 3600 1600 4600 3300 Cost of Goods manufactured 18600 15500 19600 18700 Sales 30400 24000 36600 40600 Beginning Finished Goods Inv. 1600 3100 3700 2600 Cost of Goods manufactured 18600 15500 19600 18700 Goods available for sale 20200 18600 23300 21300 Ending finished Goods inventory 3100 2100 4600 4100 Cost of Goods sold 17100 16500 18700 17200 Gross margin 13300 7500 17900 23400 Operating expense 8700 4050 11700 13800 Net income 4600 3450 6200 9600

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