Case 1 Case 2 Case 3 Case 4 Beginning raw materials $5,800 $20,000 $93,000 Raw material...
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For each of the following independent cases (1–4), compute the missing values. (Enter all amounts as positive values.)
Homework Answers
Solution:
| Case 1 | Case 2 | Case 3 | Case 4 | |
| Beginning raw materials | 5800 | 9,700 | 20000 | 93000 |
| Raw material purchases | 54,000 | 11,350 | 45,640 | 3,03,200 |
| Indirect materials issued | 1,000 | 2,700 | 1,400 | 2,200 |
| Ending raw materials | 1,200 | 3,150 | 30,620 | 93,900 |
| Direct materials used | 57,600 | 15,200 | 33,620 | 3,00,100 |
| Direct labor | 38,000 | 24,150 | 29,300 | 1,23,150 |
| Manufacturing overhead | 60,000 | 39,250 | 30,080 | 5,41,030 |
| Total current manufacturing costs | 1,55,600 | 78,600 | 93,000 | 9,64,280 |
| Beginning work in process | 41,000 | 42,600 | 38,075 | 1,01,220 |
| Ending work in process | 58,600 | 48,400 | 41,450 | 2,36,600 |
| Cost of goods manufactured | 1,38,000 | 72,800 | 89,625 | 8,28,900 |
| Beginning finished goods | 72,000 | 33,500 | 52,600 | 4,12,200 |
| Ending finished goods | 74,000 | 30,300 | 30,550 | 3,98,700 |
| Cost of goods sold | 1,36,000 | 76,000 | 1,11,675 | 8,42,400 |
Add Answer to:
Case 1
Case 2
Case 3
Case 4
Beginning raw materials
$5,800
$20,000
$93,000
Raw material...
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