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Business, 09.07.2020 05:01 bryantnaomi6

Presented below are incomplete manufacturing cost data. 1. Determine the missing amounts for three different situations.

Direct Materials Used Direct Labor Used Factory Overhead Total manufacturing Cost

(1) $44,000 $62,200 $51,100 $

(2) $ $77,500 $144,000 $300,000

(3) $58,600 $ $114,000 $311,000

2. Determine the missing amounts.

Total Manufacturing Costs Work in Process (January 1) Work in Process (December 31) Cost of Goods Manufactured

(1) $ $122,000 $85,200 $

(2) $300,000 $ $99,800 $323,600

(3) $311,000 $465,000 $ $719,000

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