For each company, find the unknown amounts designated by numbers. Each case is independent. Direct materials, Jan. 1 Direct materials, Dec. 31 Direct labor Factory overhead Purchases of direct materials Co. A P 12,800 10,800 36,000 58,000 18,000 Co. B (6) 9,200 16,000 15,200 14,00 Co. C P 13,800 11,000 (11) 26,000 (12) Co. D P 3,000 (16) 12,000 (17) 16,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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4answer the following problems:

For each company, find the unknown amounts designated by numbers. Each case is
independent.
Direct materials, Jan. 1
Direct materials, Dec. 31
Direct labor
Factory overhead
Purchases of direct materials
Direct materials used
Sales
Cost of goods sold
Cost of goods manufactured
Total manufacturing costs
Finished goods, Jan. 1
Finished goods, Dec. 31
Gross profit
Work in process, Jan. 1
Work in process, Dec. 31
Co. A
P 12,800
10,800
36,000
58,000
18,000
(1)
(2)
100,000
(4)
16,000
10,600
22,600
(5)
4,000
Co. B
(6)
9,200
16,000
15,200
14,00
(7)
67,600
44,000
(8)
43,000
8,000
10,600
(9)
9,600
(10)
Co. C
P 13,800
11,000
(11)
26,000
(12)
18,800
110,000
(13)
(14)
(15)
15,600
12,400
24,000
2,600
600
Co. D
P 3,000
(16)
12,000
(17)
16,000
11,200
80,000
34,000
36,200
36,200
12,00
(18)
(19)
(20)
5,000
Transcribed Image Text:For each company, find the unknown amounts designated by numbers. Each case is independent. Direct materials, Jan. 1 Direct materials, Dec. 31 Direct labor Factory overhead Purchases of direct materials Direct materials used Sales Cost of goods sold Cost of goods manufactured Total manufacturing costs Finished goods, Jan. 1 Finished goods, Dec. 31 Gross profit Work in process, Jan. 1 Work in process, Dec. 31 Co. A P 12,800 10,800 36,000 58,000 18,000 (1) (2) 100,000 (4) 16,000 10,600 22,600 (5) 4,000 Co. B (6) 9,200 16,000 15,200 14,00 (7) 67,600 44,000 (8) 43,000 8,000 10,600 (9) 9,600 (10) Co. C P 13,800 11,000 (11) 26,000 (12) 18,800 110,000 (13) (14) (15) 15,600 12,400 24,000 2,600 600 Co. D P 3,000 (16) 12,000 (17) 16,000 11,200 80,000 34,000 36,200 36,200 12,00 (18) (19) (20) 5,000
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