Question: Determine the missing amounts for three different situations. Direct Materials Used Direct Labor Used Factory Overhead Total Manufacturing Costs (1) $48,000 $72,800 $60,000 $enter total
Determine the missing amounts for three different situations.
| Direct Materials Used | Direct Labor Used | Factory Overhead | Total Manufacturing Costs | |||||
|---|---|---|---|---|---|---|---|---|
| (1) | $48,000 | $72,800 | $60,000 | $enter total manufacturing costs amount in dollars | ||||
| (2) | $enter direct materials used amount in dollars | $90,000 | $168,000 | $356,800 | ||||
| (3) | $66,000 | $enter direct labor used amount in dollars | $132,800 | $372,000 |
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Solution
Attempts: 3 of 3 used
(b)
Determine the missing amounts.
| Total Manufacturing Costs | Work in Process (January 1) | Work in Process (December 31) | Cost of Goods Manufactured | |||||
|---|---|---|---|---|---|---|---|---|
| (1) | $enter total manufacturing costs amount in dollars | $144,000 | $97,600 | $enter costs of goods sold amount in dollars | ||||
| (2) | $356,800 | $enter work in process amount in dollars | $118,400 | $404,800 | ||||
| (3) | $372,000 | $554,400 | $enter work in process amount in dollars | $858,000 |
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