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For each of the following independent cases (1-4), compute the missing values. (Enter all amounts as positive values.) Case 2

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Answer #1

Calculate missing amount

Case 1 Case 2 Case 3 Case 4
Beginning raw materials 5800 14700+3850+1300-10350 = 9500 27000 93000
Raw material purchases 54000 10350 48640 301000+95100+2800-93000 = 305900
Indirect material issued 600 1300 900 2800
Ending raw materials 1900 3850 27000+48640-900-32820 = 41920 95100
Direct material used 5800+54000-600-1900 = 57300 14700 32820 965880-123250-541630 = 301000
Direct labor 32000 78600-14700-39350 = 24550 94600-32820-30180 = 31600 123250
Manufacturing overhead 54000 39350 30180 541630
Total Current manufacturing cost 57300+32000+54000 = 143300 78600 94600 830900+236500-101520 = 965880
Beginning work in process 42000 40600 89525+43150-94600 = 38075 101520
Ending work in process 143300+42000-137000 = 48300 78600+40600-72800 = 46400 43150 236500
Cost of goods manufactured 137000 72800 89525 830900
Beginning finished goods 81000 76000+31200-72800 = 34400 53800 846400+398600-830900 = 414100
Ending finished goods 77000 31200 89525+53800-112175 = 31150 398600
Cost of goods sold 137000+81000-77000 = 141000 76000 112175 846400
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