E2-19 Calculating Missing Amounts and Cost of Goods Manufactured and Sold [LO 2-3, 2-4, 2-5, 2-6]...

E2-19 Calculating Missing Amounts and Cost of Goods Manufactured and Sold [LO 2-3, 2-4, 2-5, 2-6]

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

	Case1	Case 2	Case 3	Case4
beginning raw materials	6,400		26,000	90,000
raw material purchases	49,000	11,850	45,640
Indirect materials issues	800	1,500	800	2,300
ending raw materials	1,800	2,250		94,900
direct materials used		15,000	32,520
direct labor	30,000			121,650
manufacturing overhead	55,000	39,950	30,480	540,430
total current manufacturing costs		78,600	94,100
beginning work in progress	47,000	34,600		102,120
ending work in process			42,150	237,800
cost of goods manufactured	137,000	75,800	90,425	834,900
beginning finished goods	74,000		52,100
ending finished goods	77,000	31,700		399,100
cost of goods sold		77,000	111,775	840,400

if i can see the work on how to do it thatd be cool too!

Expert Solution

ekkarill92 answered 1 year ago

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Presented below are the components in determining cost of goods sold. Determine the missing amounts.

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