Question

Name CGS GM S&A Exp Op Inc WIP - B DM used DL TMC CGM FG-B 61,000 23,000 1,000 22,000 14,000 8,000 9,000 35,000 45,000 28,000 h Find: Sales FOH WIP - E FG-E O RE

TMC = Total Manufacturing cost

Answer 1

1. Sales

Sales = CGS + GM

Sales = 61,000 + 23,000 = 84,000

2. FOH

FOH = TMC - DM Used - DL

FOH = 35,000 - 8,000 - 9,000 = 18,000

3. WIP - E

WIP - E = WIP B + TMC - CGM

WIP - E = 14,000 + 35,000 - 45,000 = 4,000

4. FG - E

FG - E = FG B + CGM - CGS

FG - E = 28,000 + 45,000 - 61,000 = 12,000

All the best...