Question: Incomplete manufacturing cost data for Mabry Company for 2011 are presented as follows for four different situations. Instructions (a) Indicate the missing amount for each
Incomplete manufacturing cost data for Mabry Company for 2011 are presented as follows for four different situations.
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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 31,2011.
Total Cost of Direct Materials Dirct Manufac Manufc Work in Work in Goods Labor Used Overhead ring turing Process Process Manufac- Costs$360,000 $40,000 470,000 270,000 12/31 tured Used (1) $127,000 $140,000 77,000 200,000 132,000 $450,000 $33,000 (3) 80,000 100,000 (4) 70,000 (g) 245,000 60,000 80,000 288,000 45,000 75,000
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a a 127000 140000 77000 344000 b 344000 33000 360000 17000 c 450... View full answer
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