Question

Brief Exercise 14-10 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 $ (2) $ $76,000 $144,000 $300,000 (3) $57,400 $ $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

Answer 1

Direct Materials Used		Direct Labor Used		Factory Overhead		Total Manufacturing Costs
(1)		$41,900		$62,500		$52,900		$ 157300
(2)		$ 80,000		$76,000		$144,000		$300,000
(3)		$57,400		$ 139,600		$115,000		$312,000