Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. - 13984

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Problem 19-3A

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Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.

 

 

Indicate the missing amount for each letter.

   

Case

   

1

 

2

Direct Materials Used

 

$7,600

   

$

(g)

Direct Labor

 

5,000

   

8,000

 

Manufacturing Overhead

 

8,000

   

4,000

 

Total Manufacturing Costs

 

(a)

 

18,000

 

Beginning Work in Process Inventory

 

1,000

   

(h)

Ending Work in Process Inventory

 

(b)

 

3,000

 

Sales

 

24,500

   

(i)

Sales Discounts

 

2,500

   

1,400

 

Cost of Goods Manufactured

 

17,000

   

22,000

 

Beginning Finished Goods Inventory

 

(c)

 

3,300

 

Goods Available for Sale

 

18,000

   

(j)

Cost of Goods Sold

 

(d)

 

(k)

Ending Finished Goods Inventory

 

3,400

   

2,500

 

Gross Profit

 

(e)

 

7,000

 

Operating Expenses

 

2,500

   

(l)

Net Income

 

(f)

 

5,000

 

 

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Problem 19-3A.docx
Problem 19-3A.d...