For each case below, find the missing amount. Case I Case II Case III Beginning inventory...
For each case below, find the missing amount.
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Homework Answers
| CASE I | CASE II | CASE III | |
| Beginning Inventory of Finished Goods | $ 89,000 | $ 19,000 | $ 6,000 |
| Cost of Goods Manufactured during period | $ 4,15,000 | $ 92,000 | $ 3,26,000 |
| Ending inventory of finished Goods | $ 95,000 | $ 7,000 | $ 26,000 |
| Cost of Goods Sold | $ 4,09,000 | $ 1,04,000 | $ 3,06,000 |
| Formula, | |||
| Cost of Goods Sold = Beginning inventory + Cost of Goods manufactured during period - Ending inventory | |||
| Beginning inventory = Cost of Goods Sold - Cost of Goods Sold manufactured duringg period+ Ending inventory | |||
| Cost of Goods manufactured during period = Cost of Goods Sold + Ending inventory - Beginning inventory | |||
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For each case below, find the missing amount.
Case I
Case II
Case III
Beginning inventory...
For each case below, find the missing amount. Case I Case II Case III 19,0008,000 Beginning...
For each case below, find the missing amount. Case I Case II Case III 19,0008,000 Beginning inventory of finished goods Cost of goods manufactured during Ending inventory of finished goods Cost of goods sold 96,000 422,000 93,000 412,000 6,000 26,000 $ 315,000
For each case below, find the missing amount. Casel Case III $ 11,000 Beginning inventory of...
For each case below, find the missing amount. Casel Case III $ 11,000 Beginning inventory of finished goods Cost of goods manufactured during period Ending inventory of finished goods Cost of goods sold Case Il $ 18,000 98.000 8.000 418,000 95.000 418.000 20.000 319,000 $
Supply the missing data in the following cases. Each case is independent of the others. (Leave...
Supply the missing data in the following cases. Each case is independent of the others. (Leave no cells blank - be certain to enter "0" wherever required.) Case 1 2 3 1 5,500 $ $ $ $ 7,000 4,000 5,000 6,000 8,000 4 4,000 5,000 10,000 6,000 19,500 3,500 21,000 4,000 5,000 3,500 19,000 25,600 2,000 Direct materials Direct labour Manufacturing overhead Total manufacturing costs Beginning work-in-process inventory Ending work-in-process inventory Cost of goods manufactured Sales Beginning finished goods inventory...
Determine the missing amounts in each of the following independent cases. Case A Case B 92,000...
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Supply the missing data in the following cases. Each case is independent of the others. (45...
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Determine the missing amounts in each of the following independent cases. Case A Case B Case...
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Prepare a condensed cost of goods manufactured schedule for Case 1. Indicate the missing amount. Case...
Prepare a condensed cost of goods manufactured schedule for Case
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Indicate the missing amount. Case 1 2 Direct materials used Direct labor Manufacturing overhead Total manufacturing costs 9,789 3581 5,162 8,689 8,934 4,450 23640 16,965 Beginning work in process inventory 1,229 8860 Ending work in process inventory Sales revenue Sales discounts Cost of goods manufactured Beginning finished goods inventory Goods available for sale 7373 3,175 25,093 2,947 17,496 3189 33348 1,840 22,650 4,327 20,685 26977 Cost of goods sold...
Your answer is partially correct. Try again Indicate the missing amount for each letter Case 1...
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Determine the missing ammounts in each of the following independent cases. Determine the missing amounts in...
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Determine the missing amounts in each of the following independent cases. Case A Case B 92,000 Case C 6,000 31,000 196,000 280,000 220,000 271,000 317,000 380,000 580,000 1,120,000 86,000 70,500 96,000 207,000 1,115,000 76,000 121,000 Beginning inventory, raw material Ending inventory, raw material Purchases of raw material Direct material used Direct labor Manufacturing overhead Total manufacturing costs Beginning inventory, work in process Ending inventory, work in process Cost of goods manufactured Beginning inventory, finished goods Cost of goods available for...
Prepare a condensed cost of goods manufactured schedule for Case
1.
Indicate the missing amount. Case 1 2 Direct materials used Direct labor Manufacturing overhead Total manufacturing costs 9,789 3581 5,162 8,689 8,934 4,450 23640 16,965 Beginning work in process inventory 1,229 8860 Ending work in process inventory Sales revenue Sales discounts Cost of goods manufactured Beginning finished goods inventory Goods available for sale 7373 3,175 25,093 2,947 17,496 3189 33348 1,840 22,650 4,327 20,685 26977 Cost of goods sold...
Your answer is partially correct. Try again Indicate the missing amount for each letter Case 1 2 Direct materials used $9,890 3360 (g) $ Direct labor 5,670 8,450 Manufacturing overhead 8,640 5,100 Total manufacturing costs 24200 16,910 Beginning work in process inventory 1,370 9240 (h) Ending work in process inventory 3,750 7740 |(b) Sales revenue 25,110 29960 Sales discounts 2,770 1,990 17,830 22,400 Cost of goods manufactured Beginning finished goods inventory 3,590 4910 (c) Goods available for sale 22,740 25990...
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Determine the missing ammounts in each of the following
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