Incomplete information concerning the financial performance of two manufacturing companies

Company A

Company B

Work in process, 1/7/15

Work in process, 30/6/16

Direct materials used

Direct labour

Factory overhead

Sales income

Accounts receivable, 1/7/15

Accounts receivable, 30/6/16

Cost of sales

Finished goods, 1/7/15

Finished goods, 30/6/16

Gross profit

Cost of goods manufactured

$21 000

(a)

71 600

37 000

500 000

629 300

108 300

93 600

(b)

47 000

(c)

31 700

607 000

$47 000

47 600

82 500

(e)

448 600

834 000

123 600

116 100

605 000

35 000

33 500

(f)

(d)