Homework Answers
| Total manufacturing costs | Work in process (1/1) | Work in Process (12/31) | Cost of goods manufactured | |
| 1. |
136700 |
120720 |
81780 |
175640 [136700+120720-81780] |
| 2. |
296380 |
123920 [321660-296380+98640] |
98640 |
321660 |
| 3. |
317580 |
470610 |
73330 [317580+470610-714860] |
714860 |
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Brief Exercise 2.13 Determine the missing amounts using following information. 1. 2. Direct Materials Used $24,700...
Brief Exercise 1-10 Presented below are incomplete manufacturing cost data. Determine the missing amounts for three...
Brief Exercise 1-10 Presented below are incomplete manufacturing cost data. Determine the missing amounts for three different situations. Direct Materials Used Direct Labor Used Total Manufacturing Costs $41,500 (1) (2) s (3) $65,000 $76,000 Factory Overhead $52,200 $143,000 $297,000 $59,000 $ $113,000 $311,000 LINK TO TEXT Determine the missing amounts. Total Manufacturing Costs Work in Process (January 1) $124,000 Cost of Goods Manufactured Work in Process (December 31) $85,900 $98,700 $323,800 $297,000 $ $311,000 $465,000 $719,000
Question 2 Determine the missing amounts using following information. Direct Materials Used Direct Labour Used Factory...
Question 2 Determine the missing amounts using following information. Direct Materials Used Direct Labour Used Factory Overhead 1. $24,250 $82,220 $54,450 2. $61,040 $74,660 $154,190 Total Manufacturing Costs $135,910 $296,730 $316,310 $50,620 $139,850 $107,670 3. Total Manufacturing Costs Work in Process (1/1) Work in Process (12/31) Cost of Goods Manufactured 1. $120,880 $81,320 $ $ 2. $296,730 $98,220 $321,270 $ 3. $316,310 $469,350 $ $714,580
Brief Exercise 14-10 Presented below are incomplete manufacturing cost data. Determine the missing amounts for three...
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
Brief Exercise 1-9 Presented below are incomplete manufacturing cost data. Determine the missing amounts for three...
Brief Exercise 1-9 Presented below are incomplete manufacturing cost data. Determine the missing amounts for three different situations. Direct Materials Used Direct Labor Used $65,000 Factory Overhead $51,800 Total Manufacturing Costs (1) $42,400 (2) $76,000 $142,000 $299,000 (3) $58,300 $ $115,000 $314,000
Brief Exercise 1-9 Presented below are incomplete manufacturing cost data. Determine the missing amounts for three...
Brief Exercise 1-9 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) $42,100 $63,900 $51,300 (2) $ $76,900 $144,000 $297,000 (3) $58,200 $113,000 $313,000
Exercise 181 Fill in the missing information on the cost of goods manufactured schedule of Noland...
Exercise 181 Fill in the missing information on the cost of goods manufactured schedule of Noland Manufacturing Company: NOLAND MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2016 Work in process (1/1) Direct materials Raw materials inventory (1/1) $340,000 Raw materials purchases 246,000 Raw materials available for use 37,000 Raw materials inventory (12/31) Direct materials used $255,000 Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities 19,000 38,000 39,000 Total overhead Total manufacturing costs...
Brief Exercise 14-9 Presented below are incomplete manufacturing cost data. Determine the missing amounts for three...
Brief Exercise 14-9 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) $41,000 $62,000 $51,000 $ (2) $ $76,000 $141,000 $297,000 (3) $56,000 $ $112,000 $311,000
Question 19 Determine the missing amounts in 2019 manufacturing cost data for Tardy Corporation. Direct Materials...
Question 19 Determine the missing amounts in 2019 manufacturing cost data for Tardy Corporation. Direct Materials Used Direct Labor Total Manufacturing Manufacturing Overhead Costs Work in Process (1/1) Work in Process (12/31) Cost of Goods Manufactured $38,000 $80,000 $48,000 $120,000 $96,000 2 $149,000 $53,000 $90,000 $292,000 $98,000 $311,000 O $53,000 $116,000 $121,000 $290,000 $403,000 $515,000
E14.9 (LO 3) An incomplete cost of goods manufactured schedule is presented below. Determine missing amounts...
E14.9 (LO 3) An incomplete cost of goods manufactured schedule is presented below. Determine missing amounts in cost of goods manufactured schedule. $210,000 Hobbit Company Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 Work in process (1/1) Direct materials Raw materials inventory (1/1) $ ? Add: Raw materials purchases 158,000 Total raw materials available for use Less: Raw materials inventory (12/31) 22,500 Direct materials used $180,000 Direct labor Manufacturing overhead Indirect labor 18,000 Factory depreciation 36,000...
Exercise 2.32 Manufacturing cost data for Criqui Company are presented below: Provide the missing amounts. Case...
Exercise 2.32 Manufacturing cost data for Criqui Company are presented below: Provide the missing amounts. Case A Case B Case C Direct materials used $ (a) $70,000 $130,000 Direct labour 53,100 86,600 (g) Manufacturing overhead 46,100 81,600 101,500 Total manufacturing costs 175,600 (d) 274,000 Work in process (1/1/20) (b) 15,700 (h) Total cost of work in process 222,000 (e) 335,900 Work in process (12/31/20) (c) 13,000 90,800 Cost of goods manufactured 180,435 (f) (i)
Brief Exercise 1-10 Presented below are incomplete manufacturing cost data. Determine the missing amounts for three different situations. Direct Materials Used Direct Labor Used Total Manufacturing Costs $41,500 (1) (2) s (3) $65,000 $76,000 Factory Overhead $52,200 $143,000 $297,000 $59,000 $ $113,000 $311,000 LINK TO TEXT Determine the missing amounts. Total Manufacturing Costs Work in Process (January 1) $124,000 Cost of Goods Manufactured Work in Process (December 31) $85,900 $98,700 $323,800 $297,000 $ $311,000 $465,000 $719,000
Question 2 Determine the missing amounts using following information. Direct Materials Used Direct Labour Used Factory Overhead 1. $24,250 $82,220 $54,450 2. $61,040 $74,660 $154,190 Total Manufacturing Costs $135,910 $296,730 $316,310 $50,620 $139,850 $107,670 3. Total Manufacturing Costs Work in Process (1/1) Work in Process (12/31) Cost of Goods Manufactured 1. $120,880 $81,320 $ $ 2. $296,730 $98,220 $321,270 $ 3. $316,310 $469,350 $ $714,580
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
Brief Exercise 1-9 Presented below are incomplete manufacturing cost data. Determine the missing amounts for three different situations. Direct Materials Used Direct Labor Used $65,000 Factory Overhead $51,800 Total Manufacturing Costs (1) $42,400 (2) $76,000 $142,000 $299,000 (3) $58,300 $ $115,000 $314,000
Brief Exercise 1-9 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) $42,100 $63,900 $51,300 (2) $ $76,900 $144,000 $297,000 (3) $58,200 $113,000 $313,000
Exercise 181 Fill in the missing information on the cost of goods manufactured schedule of Noland Manufacturing Company: NOLAND MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2016 Work in process (1/1) Direct materials Raw materials inventory (1/1) $340,000 Raw materials purchases 246,000 Raw materials available for use 37,000 Raw materials inventory (12/31) Direct materials used $255,000 Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities 19,000 38,000 39,000 Total overhead Total manufacturing costs...
Question 19 Determine the missing amounts in 2019 manufacturing cost data for Tardy Corporation. Direct Materials Used Direct Labor Total Manufacturing Manufacturing Overhead Costs Work in Process (1/1) Work in Process (12/31) Cost of Goods Manufactured $38,000 $80,000 $48,000 $120,000 $96,000 2 $149,000 $53,000 $90,000 $292,000 $98,000 $311,000 O $53,000 $116,000 $121,000 $290,000 $403,000 $515,000
E14.9 (LO 3) An incomplete cost of goods manufactured schedule is presented below. Determine missing amounts in cost of goods manufactured schedule. $210,000 Hobbit Company Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 Work in process (1/1) Direct materials Raw materials inventory (1/1) $ ? Add: Raw materials purchases 158,000 Total raw materials available for use Less: Raw materials inventory (12/31) 22,500 Direct materials used $180,000 Direct labor Manufacturing overhead Indirect labor 18,000 Factory depreciation 36,000...
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