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Business, 18.07.2020 04:01 bellebug6208

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

Direct Materials Used Direct Labor Used Factory Overhead Total Manufacturing Costs

(1) $41,900 $62,500 $52,900 $157300

(2) $80000 $76,000 $144,000 $300,000

(3) $57,400 $139600 $115,000 $312,000

Determine the missing amounts.

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

(1) $122,000 $84,300

(2) $300,000 $98,500 $324,500

(3) $312,000 $467,000 $719,000

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