Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.   Indicate the missing amount.   Case 1 Case 2 Direct materials used $10,119 $ Direct labor 5,826 8,800 Manufacturing overhead 8,669 4,561 Total manufacturing costs 16,536 Beginning work in process inventory 1,924  Ending work in process inventory 3,809 Sales revenue 25,790  Sales discounts 2,853 1,972 Cost of goods manufactured 17,946 22,211 Beginning finished goods inventory 4,174 Goods available for sale 21,003  Cost of goods sold   Ending finished goods inventory 4,406 3,416 Gross profit 7,850 Operating expenses 3,095  Net income 5,758

Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. (a) Indicate the missing amount for each letter. Direct materials used Direct labor Manufacturing overhead Cost of goods manufactured Beginning finished goods inventory Goods available for sale Cost of goods sold Ending finished goods inventory Gross profit Operating expenses Case Net income 1 $9,600 Total manufacturing costs Beginning work in process inventory 1,000 Ending work in process inventory Sales revenue Sales discounts 5,000 8,000 24,500 2,500 17,000 20,000 3,400 2,500 2 $ 8,000 4,000 16,000 3,000 1,400 22,000 3,300 2,500 7,000 5,000 b) Prepare a condensed cost of goods manaufactures schdule ffor Casel c1) Prepare an Income statement for Case 1 c2) Prepare the current assets section of the balance sheet for Case1. Assume that in Case 1 the other items in the current assets section are as follows: Cash $4,000, Receivables (net) $15,000, Raw Materials $600 and Prepaid Expenses…

(c) Prepare an income statement for Case 1 CASE 1 Income Statement Prepare the current assets section of the balance sheet for Case 1. Assume that in Case 1 the other items in the current assets section are as follovs: Cash $3,100, Receivables (net) 515,100, Raw Materials S510, and Prepaid Expenses 5410. List Current Assets in order of liquidity CASE 1 (Partial) Balance Sheet > > > > > > > > > >