(Cost flows; CGM; CGS) For each of the following cases, compute the missing amounts.
| Case 1 Don't use plagiarized sources. Get Your Custom Essay on compute the missing amounts 641243 Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! | Case 2 | Case 3 | |
| Sales | $ 9,300 | $ (g) | $112,000 |
| Direct material used | 1,200 | (h) | 18,200 |
| Direct labor | (a) | 4,900 | (m) |
| Prime cost | 3,700 | (i) | (n) |
| Conversion cost | 4,800 | 8,200 | 49,300 |
| Manufacturing overhead | (b) | (j) | 17,200 |
| Cost of goods manufactured | 6,200 | 14,000 | (o) |
| Beginning work in process inventory | 500 | 900 | 5,600 |
| Ending work in process inventory | (c) | 1,200 | 4,200 |
| Beginning finished goods inventory | (d) | 1,900 | 7,600 |
| Ending finished goods inventory | 1,200 | (k) | (p) |
| Cost of goods sold | (e) | 12,200 | 72,200 |
| Gross profit | 3,500 | (l) | (q) |
| Operating expenses | (f ) | 3,500 | 18,000 |
| Net income | 2,200 | 4,000 | (r) |
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