For each of the following independent cases (1–4), compute the missing values. (

Question

For each of the following independent cases (1–4), compute the missing values. (Enter all amounts as positive values.)

Case 1 Case 2 Case 3 Case 4 Beginning raw materials $5,400 $23,000 $106,000 Raw material purchases 54,000 11,850 42,640 Indirect materials issued 600 1,100 1,400 2,800 Ending raw materials 1,200 4,150 93,700 Direct materials used 13,900 33,520 Direct labor 32,000 122,350 Manufacturing overhead 54,000 40,250 30,080 541,730 Total current manufacturing costs 75,600 94,600 Beginning work in process 48,000 36,600 101,820 Ending work in process 42,650 237,200 Cost of goods manufactured 138,000 70,800 90,425 827,900 Beginning finished goods 75,000 52,500 Ending finished goods 71,000 30,200 398,100 Cost of goods sold 77,000 111,575 848,400

Explanation / Answer

For each of the following independent cases (1–4), compute the missing values.

Case 1 Case 2 Case 3 Case 4 Beginning raw materials $5,400 7300 $23,000 $106,000 Raw material purchases 54,000 11,850 42,640 289700 Indirect materials issued 600 1,100 1,400 2,800 Ending raw materials 1,200 4,150 30720 93,700 Direct materials used 57600 13,900 33,520 299200 Direct labor 32,000 21450 31000 122,350 Manufacturing overhead 54,000 40,250 30,080 541,730 Total current manufacturing costs 143600 75,600 94,600 963280 Beginning work in process 48,000 36,600 38475 101,820 Ending work in process 53600 41400 42,650 237,200 Cost of goods manufactured 138,000 70,800 90,425 827,900 Beginning finished goods 75,000 36400 52,500 418600 Ending finished goods 71,000 30,200 31350 398,100 Cost of goods sold 142000 77,000 111,575 848,400

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