Exercise $18-17$

Determining cost flows for manufacturers

P$2$

Determine the missing amount for each separate situation involving manufacturing cost flows.

$(1)(2)(3)$

Direct materials used $ $($a$)$ $$150,480$ $$33,890$

Direct labor used $75,000($d$)45,720$

Factory overhead $122,00032,84060,275$

Total manufacturing costs $243,500238,700($g$)$

Work in process inventory, beginning $($b$)56,9208,245$

Total cost of work in process $289,325($e$)($h$)$

Work in process inventory, ending $($c$)22,54511,250$

Cost of goods manufactured $264,420($f$)($i$)$