Treating each case independently, selected from the manufacturing data given below, find the missing amounts. You...
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Treating each case independently, selected from the manufacturing data given below, find the missing amounts. You should do them in the order listed. (Hint: For the manufacturing costs in Case 3, first solve for conversion costs and then determine how much of that is direct labor and how much is manufacturing overhead.) (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar. Enter all amounts as positive values.) Direct material used Direct labor Manufacturing overhead applied Total current manufacturing costs Beginning work in process inventory Ending work in process inventory Cost of goods manufactured Beginning finished goods inventory Ending finished goods inventory Cost of goods sold Case 1 15,000 14,000 8,200 4,400 4,500 7,400 Case 2 11,000 25,000 9,200 43,000 11,000 34,000 Case 3 11,100 29,700 7,600 9,001 5,800 40,000 Treating each case independently, selected from the manufacturing data given below, find the missing amounts. You should do them in the order listed. (Hint: For the manufacturing costs in Case 3, first solve for conversion costs and then determine how much of that is direct labor and how much is manufacturing overhead.) (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar. Enter all amounts as positive values.) Direct material used Direct labor Manufacturing overhead applied Total current manufacturing costs Beginning work in process inventory Ending work in process inventory Cost of goods manufactured Beginning finished goods inventory Ending finished goods inventory Cost of goods sold Case 1 15,000 14,000 8,200 4,400 4,500 7,400 Case 2 11,000 25,000 9,200 43,000 11,000 34,000 Case 3 11,100 29,700 7,600 9,001 5,800 40,000
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Case 1 Direct Labor 14000Manufacturing Overhead Applied 11000 Conversion Costs Direct Labor Manufact... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Posted Date:
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