s E2-21 (Algo) Calculating Missing Amounts and Cost of Goods Manufactured and Sold [LO 2-3, 2-4, 2-5, 2-6] For each of the following independent cases (1 to 4), compute the missing values. Note: Enter all amounts as positive values. Beginning raw materials. Raw materials purchases Indirect materials issued Ending raw materials Direct materials used Direct labor Manufacturing overhead applied 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 Case 1 $ 5,100 48,000 600 1,700 30,000 54,000 43,000 [] 133,000 81,000 75,000 Case 2 10,650 2,000 3,650 15,200 38,750 76,600 33,600 70,800 31,100 80,000 Case 3 $ 20,000 48,640 1,100 33,520 30,080 93,700 42,550 89,625 52,000 112,675 Case 4 $ 101,000 2,500 95,300 122,250 539,830 100,620 237,600 832,900 398,200 845,400
s E2-21 (Algo) Calculating Missing Amounts and Cost of Goods Manufactured and Sold [LO 2-3, 2-4, 2-5, 2-6] For each of the following independent cases (1 to 4), compute the missing values. Note: Enter all amounts as positive values. Beginning raw materials. Raw materials purchases Indirect materials issued Ending raw materials Direct materials used Direct labor Manufacturing overhead applied 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 Case 1 $ 5,100 48,000 600 1,700 30,000 54,000 43,000 [] 133,000 81,000 75,000 Case 2 10,650 2,000 3,650 15,200 38,750 76,600 33,600 70,800 31,100 80,000 Case 3 $ 20,000 48,640 1,100 33,520 30,080 93,700 42,550 89,625 52,000 112,675 Case 4 $ 101,000 2,500 95,300 122,250 539,830 100,620 237,600 832,900 398,200 845,400
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
4
![es
E2-21 (Algo) Calculating Missing Amounts and Cost of Goods Manufactured and Sold [LO 2-3, 2-4, 2-5,
2-6]
For each of the following independent cases (1 to 4), compute the missing values.
Note: Enter all amounts as positive values.
Beginning raw materials
Raw materials purchases
Indirect materials issued
Ending raw materials
Direct materials used
Direct labor
Manufacturing overhead applied
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
4,055
FEB
Case 1
$
5,100
48,000
600
1,700
30,000
54,000
43,000
133,000
81,000
75,000
Case 2
10,650
2,000
3,650
15,200
38,750
76,600
33,600
70,800
31,100
80,000
< Prev
Case 3
$ 20,000 $ 101,000
48,640
1,100
33,520
30,080
93,700
42,550
89,625
52,000
112,675
6 of 7
Case 4
2,500
95,300
122,250
539,830
100,620
237,600
832,900
398,200
845,400
Next >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc4ce533c-3541-421d-b3d0-8ee5ff42ff11%2F9d507c92-002f-4c49-aa90-3daf5e29dc90%2F44bzt6s_processed.jpeg&w=3840&q=75)
Transcribed Image Text:es
E2-21 (Algo) Calculating Missing Amounts and Cost of Goods Manufactured and Sold [LO 2-3, 2-4, 2-5,
2-6]
For each of the following independent cases (1 to 4), compute the missing values.
Note: Enter all amounts as positive values.
Beginning raw materials
Raw materials purchases
Indirect materials issued
Ending raw materials
Direct materials used
Direct labor
Manufacturing overhead applied
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
4,055
FEB
Case 1
$
5,100
48,000
600
1,700
30,000
54,000
43,000
133,000
81,000
75,000
Case 2
10,650
2,000
3,650
15,200
38,750
76,600
33,600
70,800
31,100
80,000
< Prev
Case 3
$ 20,000 $ 101,000
48,640
1,100
33,520
30,080
93,700
42,550
89,625
52,000
112,675
6 of 7
Case 4
2,500
95,300
122,250
539,830
100,620
237,600
832,900
398,200
845,400
Next >
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps with 1 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education