Question

For each of the following independent cases (1-4), compute the missing values. (Enter all amounts as positive values.) Case 1 Case 2 Case 3 Case 4 Beginning raw materials Raw material purchases Indirect materials issued Ending raw materials Direct materials used Direct labor Manufacturing overhead Total current manufacturing costs Beginning work in process Ending work in process Cost of goods manufactured Beginning finished goods Ending finished goods Cost of goods sold S 6,600 45,000 800 1,800 S 28,000107,000 11,850 2,700 2,650 14,500 46,640 700 3,900 93,700 32,420 122,150 36,000 56,000 39,450 81,600 39,600 30,580 541,130 94,200 100,720 42,950236,600 71,800 89,325 826,900 50,000 38,000 77,000 73,000 52,000 398,900 112,475847,400 31,300

Answer 1

Following is the table containing 4 cases :-

Particulars	Case 1	case 2	case 3	case 4
Beginning raw materials (A)	6600	8000 (D+E+C-B)	28000	107000
Raw material purchases (B)	45000	11850	46640	290100 (D+C+E-A
Indirect material issued (C)	800	2700	700	3900
Ending raw material (D)	1800	2650	41520 (A+B-C-E)	93700
Direct material used (E)	$49000 (A+B-C-E)	14500	32420	299500 (H-G-F)
Direct labor (F)	36000		31200 (H-G-E)	122150
Manufacturing overhead (G)	56000	39450	30580	541130
Total current manufacturing cost (H)	$141000 (E+F+G)	81600	94200	962780 (K+J-I)
Beginning work in progress (I)	50000	39600	$38075 (K+J-H)	100720
Ending work in progress (J)	53000 (H+I-K)	49400 (H+I-K)	42950	236600
Cost of goods manufactured (K)	138000	71800	89325	826900
Beginning finished goods (L)	77000	74000	52000	$419400 (N+M-K)
Ending finished goods (M)	73000	31300	$28850 (K+L-N)	398900
Cost of goods sold (N)	$142000 (K+L-M)	$114500 (K+L-M)	112475	847400

NOTE :- manufacturing overhead includes indirect material also.