Incomplete manufacturing cost data for Colaw Company for 2012 are presented as follows for four different situations.

Instructions
(a) Indicate the missing amount for each letter.
(b) Prepare a condensed cost of goods manufactured schedule for situation (1) for the year ended December 31,2012.

Transcribed Image Text:

Total Cost of Direct Materials Direct Manufac Manufac Work in Work inGoods Labor Used Overhead turing turing Process Process Manufac- 12/31tured Used (1) $127,000 $140,000 $ 87,000 (3) 80,000 100,000 Costs $33,000 (b) $360,000 $40,000 470,000 200,000 132,000 $450,000 255,000 60,000 75,000 288,000 45,000 80,000 (4) 70,000 () 270,000