(a) Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. Case RM Direct Materials Used Direct Labour Manufacturing Overhead Total Manufacturing Costs Beginning Work In Process Inventory Ending Work In Process Inventory Sales Sales Discounts Cost of Goods Manufactured Beginning Finished Goods Inventory Goods Available for Sale Cost of Goods Sold Ending Finished Goods Inventory Gross Profit Operating Expenses | Net Income 8,300 3,000 4,000 (a) 1,000 (b) 21,500 1,500 12,800 (c) 17,300 (d) 1,200 (e) 2,700 (f) RM (g) 4,000 5,000 22,000 (h) 2,000 (i) 1,200 21,000 4,000 (i) (k) 2,500 6,000 (1) 2,800 Required : Compute (CLO3,C3) the answer by showing the item and cost of the missing amount for each letter.

(a) Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. Case RM Direct Materials Used Direct Labour Manufacturing Overhead Total Manufacturing Costs Beginning Work In Process Inventory Ending Work In Process Inventory Sales Sales Discounts Cost of Goods Manufactured Beginning Finished Goods Inventory Goods Available for Sale Cost of Goods Sold Ending Finished Goods Inventory Gross Profit Operating Expenses | Net Income 8,300 3,000 4,000 (a) 1,000 (b) 21,500 1,500 12,800 (c) 17,300 (d) 1,200 (e) 2,700 (f) RM (g) 4,000 5,000 22,000 (h) 2,000 (i) 1,200 21,000 4,000 (i) (k) 2,500 6,000 (1) 2,800 Required : Compute (CLO3,C3) the answer by showing the item and cost of the missing amount for each letter.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter3: Cost Behavior And Cost Forecasting

Section: Chapter Questions

Problem 21BEA: Inventory Valuation under Absorption Costing Refer to the data for Judson Company above. Required:...

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