Case 1 2 Direct Materials Used $ 9,942 $ 2,351 Direct Labor 5,247 9,083 Manufact
ID: 2503363 • Letter: C
Question
Case
1
2
Direct Materials Used
$9,942
$ 2,351
Direct Labor
5,247
9,083
Manufacturing Overhead
8,529
4,736
Total Manufacturing Costs
23,718
16,170
Beginning Work in Process Inventory
1,733
(H)
Ending Work in Process Inventory
(B)
3,428
Sales
25,405
(I)
Sales Discounts
2,655
2,243
Cost of Goods Manufactured
17,580
22,288
Beginning Finished Goods Inventory
2,957
3,839
Goods Available for Sale
20,537
26,127
Cost of Goods Sold
16,662
22,989
Ending Finished Goods Inventory
3,875
3,138
Gross Profit
(E)
7,152
Operating Expenses
3,080
1,621
Net Income
(F)
5,531
Case
1
2
Direct Materials Used
$9,942
$ 2,351
Direct Labor
5,247
9,083
Manufacturing Overhead
8,529
4,736
Total Manufacturing Costs
23,718
16,170
Beginning Work in Process Inventory
1,733
(H)
Ending Work in Process Inventory
(B)
3,428
Sales
25,405
(I)
Sales Discounts
2,655
2,243
Cost of Goods Manufactured
17,580
22,288
Beginning Finished Goods Inventory
2,957
3,839
Goods Available for Sale
20,537
26,127
Cost of Goods Sold
16,662
22,989
Ending Finished Goods Inventory
3,875
3,138
Gross Profit
(E)
7,152
Operating Expenses
3,080
1,621
Net Income
(F)
5,531
Explanation / Answer
Case
1
2
Direct Materials Used
$9,942
$ 2,351
Direct Labor
5247
9,083
Manufacturing Overhead
8,529
4,736
Total Manufacturing Costs
23,718
16,170
Beginning Work in Process Inventory
1,733
9546
Ending Work in Process Inventory
7,871
3,428
Sales
25,405
32384
Sales Discounts
2,655
2,243
Cost of Goods Manufactured
17,580
22,288
Beginning Finished Goods Inventory
2,957
3,839
Goods Available for Sale
20,537
26,127
Cost of Goods Sold
16,662
22,989
Ending Finished Goods Inventory
3,875
3,138
Gross Profit
6088
7,152
Operating Expenses
3,080
1,621
Net Income
3008
5,531
Case
1
2
Direct Materials Used
$9,942
$ 2,351
Direct Labor
5247
9,083
Manufacturing Overhead
8,529
4,736
Total Manufacturing Costs
23,718
16,170
Beginning Work in Process Inventory
1,733
9546
Ending Work in Process Inventory
7,871
3,428
Sales
25,405
32384
Sales Discounts
2,655
2,243
Cost of Goods Manufactured
17,580
22,288
Beginning Finished Goods Inventory
2,957
3,839
Goods Available for Sale
20,537
26,127
Cost of Goods Sold
16,662
22,989
Ending Finished Goods Inventory
3,875
3,138
Gross Profit
6088
7,152
Operating Expenses
3,080
1,621
Net Income
3008
5,531
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