(a) Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. Case 1 2 RM RM Direct Materials Used Direct Labour Manufacturing Overhead Total Manufacturing Costs Beginning Work In Process Inventory Ending Work In Process Inventory 8,300 3,000 4,000 (a) 1,000 (b) 21,500 1,500 (g) 4,000 5,000 22,000 _(h) 2,000 (i) 1,200 Sales Sales Discounts Cost of Goods Manufactured Beginning Finished Goods Inventory 12,800 (c) 17,300 (d) 1,200 (e) 2,700 (f) 21,000 4,000 (j) (k) 2,500 6,000 _(1) 2,800 Goods Available for Sale Cost of Goods Sold Ending Finished Goods Inventory Gross Profit Operating Expenses | Net Income Required : Compute (CLO3,C3) the answer by showing the item and cost of the missing amount for each letter.
(a) Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. Case 1 2 RM RM Direct Materials Used Direct Labour Manufacturing Overhead Total Manufacturing Costs Beginning Work In Process Inventory Ending Work In Process Inventory 8,300 3,000 4,000 (a) 1,000 (b) 21,500 1,500 (g) 4,000 5,000 22,000 _(h) 2,000 (i) 1,200 Sales Sales Discounts Cost of Goods Manufactured Beginning Finished Goods Inventory 12,800 (c) 17,300 (d) 1,200 (e) 2,700 (f) 21,000 4,000 (j) (k) 2,500 6,000 _(1) 2,800 Goods Available for Sale Cost of Goods Sold Ending Finished Goods Inventory Gross Profit Operating Expenses | Net Income Required : Compute (CLO3,C3) the answer by showing the item and cost of the missing amount for each letter.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please show the calculations and answer in vertical format
Transcribed Image Text:(a) Incomplete manufacturing costs, expenses, and selling data for two different
cases are as follows.
Case
1
2
RM
RM
Direct Materials Used
Direct Labour
Manufacturing Overhead
Total Manufacturing Costs
Beginning Work In Process Inventory
Ending Work In Process Inventory
8,300
3,000
4,000
(a)
1,000
(b)
21,500
1,500
(g)
4,000
5,000
22,000
_(h)
2,000
(i)
1,200
Sales
Sales Discounts
Cost of Goods Manufactured
Beginning Finished Goods Inventory
12,800
(c)
17,300
(d)
1,200
(e)
2,700
(f)
21,000
4,000
(j)
(k)
2,500
6,000
_(1)
2,800
Goods Available for Sale
Cost of Goods Sold
Ending Finished Goods Inventory
Gross Profit
Operating Expenses
| Net Income
Required :
Compute (CLO3,C3) the answer by showing the item and cost of the missing
amount for each letter.
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