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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