For each of the following cases find the missing data. Each case is independent of the others.
Case 1
Case 2
Case 3
Beginning direct materials
$5000
$3000
$3000
Purchases of direct materials
17000
45000
10000
Ending direct materials
(a)
7000
(m)
Direct materials used
(b)
(f)
6000
Direct labor
16000
(g)
4000
Factory overhead
3000
20000
6000
Total manufacturing costs
(c)
85000
(n)
Beginning work-in-process
6000
6000
5000
Ending work-in-process
6000
4000
(o)
Cost of goods manufactured
23000
(h)
10000
Case 1
Case 2
Case 3
Sales
52000
125000
23000
Beginning finished goods
8000
7000
7000
Cost of goods manufactured
23000
(i)
10000
Ending finished goods
(d)
(j)
6000
Cost of goods sold
27000
(k)
(p)
Gross profit
(e)
60000
(q)
Selling and administrative expenses
5000
8500
4000
Net income
20000
(l)
8000