Order Now

Calculating Missing Amounts and Cost of Goods Manufactured and

Calculating Missing Amounts and Cost of Goods Manufactured and

Calculating Missing Amounts and Cost of Goods Manufactured and Sold [LO6]

For each of the following independent cases (1’4), compute the missing values.(Input all amounts as positive
values. Omit the “$” sign in your response.)
Case 1 Case 2 Case 3 Case 4
Beginning raw materials $ 5,000 $ $ 20,000 $ 110,000
Raw material purchases 45,000 12,250 41,640
Indirect materials issued 1,000 1,000 1,500 2,000
Ending raw materials 2,000 2,250 93,500








Direct materials used 13,500 33,720
Direct labor 29,000 123,250
Manufacturing overhead applied 52,000 40,350 31,080 541,730
Total current manufacturing costs 75,600 92,900








Beginning work in process 41,000 32,600 102,520
Ending work in process 41,250 236,100








Cost of goods manufactured 139,000 79,800 89,225 825,900
Beginning finished goods 72,000 51,900
Ending finished goods 80,000 30,100 397,200








Cost of goods sold 71,000 113,375 839,400
Order Now
Open chat
%d bloggers like this: