Question
In: Accounting
Two items are omitted from each of the following three lists of cost of goods manufactured...
Two items are omitted from each of the following three lists of cost of goods manufactured statement data. Determine the amounts of the missing items, identifying them by letter.
| Work in process inventory, December 1 | $1,800 | $15,300 | (e) | ||
| Total manufacturing costs incurred during December | 12,400 | (c) | 90,100 | ||
| Total manufacturing costs | (a) | $179,000 | $97,800 | ||
| Work in process inventory, December 31 | 2,700 | 37,600 | (f) | ||
| Cost of goods manufactured | (b) | (d) | $82,200 |
| a. | $ |
| b. | $ |
| c. | $ |
| d. | $ |
| e. | $ |
| f. | $ |
Solutions
ekkarill92 answered 2 years agoRelated Solutions
wo items are omitted from each of the following three lists of cost of goods sold...
wo items are omitted from each of the following three lists of
cost of goods sold data from a manufacturing company income
statement. Determine the amounts of the missing items, identifying
them by letter.
Finished goods inventory, June 1
$116,600
$38,880
(e)
Cost of goods manufactured
825,900
(c)
180,000
Cost of finished goods available for sale
(a)
$540,000
$1,100,000
Finished goods inventory, June 30
130,000
70,000
(f)
Cost of goods sold
(b)
(d)
$945,000
a.
$
b.
$
c.
$...
Cost of Goods Manufactured for a Manufacturing Company Two items are omitted from each of the...
Cost of Goods Manufactured for a Manufacturing Company
Two items are omitted from each of the following three lists of
cost of goods manufactured statement data. Determine the amounts of
the missing items, identifying them by letter.
Work in process inventory, August 1$3,700 $31,500 (e)
Total manufacturing costs incurred during August26,300 (c)
184,900
Total manufacturing costs(a) $368,600 $200,700
Work in process inventory, August 315,700 77,400 (f)
Cost of goods manufactured(b) (d) $168,600
a.$
b.$
c.$
d.$
e.$
f.$
Cost of Goods Manufactured for a Manufacturing Company Two items are omitted from each of the...
Cost of Goods Manufactured for a Manufacturing Company
Two items are omitted from each of the following three lists of
cost of goods manufactured statement data. Determine the amounts of
the missing items, identifying them by letter.
Work in process inventory, August 1
$19,660
$41,650
(e)
Total manufacturing costs incurred during August
332,750
(c)
1,075,000
Total manufacturing costs
(a)
$515,770
$1,240,000
Work in process inventory, August 31
23,500
54,000
(f)
Cost of goods manufactured
(b)
(d)
$1,068,000
a.
$
b....
Cost of Goods Manufactured for a Manufacturing Company Two items are omitted from each of the...
Cost of Goods Manufactured for a Manufacturing Company Two items
are omitted from each of the following three lists of cost of goods
manufactured statement data. Determine the amounts of the missing
items, identifying them by letter. Work in process inventory,
August 1 $2,300 $18,600 (e) Total manufacturing costs incurred
during August 15,200 (c) 108,800 Total manufacturing costs (a)
$217,600 $118,100 Work in process inventory, August 31 3,300 45,700
(f) Cost of goods manufactured (b) (d) $99,200
Cost of Goods Manufactured for a Manufacturing Company Two items are omitted from each of the...
Cost of Goods Manufactured for a Manufacturing Company
Two items are omitted from each of the following three lists of
cost of goods manufactured statement data. Determine the amounts of
the missing items, identifying them by letter.
Work in process inventory, August 1
$2,100
$17,600
(e)
Total manufacturing costs incurred during August
14,100
(c)
103,000
Total manufacturing costs
(a)
$205,900
$111,800
Work in process inventory, August 31
3,100
43,200
(f)
Cost of goods manufactured
(b)
(d)
$93,900
a.
$
b....
everal items are omitted from the income statement and cost of goods manufactured statement data for...
everal items are omitted from the income statement and cost of
goods manufactured statement data for two different companies for
the month of December.
On
Company
Off
Company
Materials inventory, December 1
$85,120
$108,950
Materials inventory, December 31
(a)
123,110
Materials purchased
216,200
(a)
Cost of direct materials used in production
228,120
(b)
Direct labor
320,900
245,140
Factory overhead
99,590
122,020
Total manufacturing costs incurred in December
(b)
704,910
Total manufacturing costs
812,040
967,480
Work in process inventory, December 1...
Several items are omitted from the income statement and cost of goods manufactured statement data for...
Several items are omitted from the income statement and cost of
goods manufactured statement data for two different companies for
the month of May:
1
Rainier Company
Yakima Company
2
Materials inventory, May 1
$280,000.00
$177,000.00
3
Materials inventory, May 31
(a)
175,000.00
4
Materials purchased
712,600.00
340,000.00
5
Cost of direct materials used in production
752,800.00
(a)
6
Direct labor
1,059,800.00
(b)
7
Factory overhead
326,600.00
179,400.00
8
Total manufacturing costs incurred in May
(b)
1,038,000.00
9
Total manufacturing...
Several items are omitted from the income statement and cost of goods manufactured statement data for...
Several items are omitted from the income statement and cost of
goods manufactured statement data for two different companies for
the month of December:
On
Company
Off
Company
Materials inventory, December 1
$88,800
$119,880
Materials inventory, December 31
(a)
135,460
Materials purchased
225,550
(a)
Cost of direct materials used in production
237,980
(b)
Direct labor
334,780
269,730
Factory overhead
103,900
134,270
Total manufacturing costs incurred in December
(b)
775,620
Total manufacturing costs
847,160
1,064,530
Work in process inventory, December 1...
Several items are omitted from the income statement and cost of goods manufactured statement data for...
Several items are omitted from the income statement and cost of
goods manufactured statement data for two different companies for
the month of December 2016:
1
Prius Company
Volt Company
2
Materials inventory, December 1
$281,960.00
$179,000.00
3
Materials inventory, December 31
(a)
178,000.00
4
Materials purchased
712,200.00
341,200.00
5
Cost of direct materials used in production
751,600.00
(a)
6
Direct labor
1,059,200.00
(b)
7
Factory overhead
325,800.00
180,400.00
8
Total manufacturing costs incurred during December
(b)
1,032,000.00
9
Total...
Several items are omitted from the income statement and cost of goods manufactured statement data for...
Several items are omitted from the income statement and cost of
goods manufactured statement data for two different companies for
the month of December 2016:
1
Prius Company
Volt Company
2
Materials inventory, December 1
$281,960.00
$179,000.00
3
Materials inventory, December 31
(a)
178,000.00
4
Materials purchased
712,200.00
341,200.00
5
Cost of direct materials used in production
751,600.00
(a)
6
Direct labor
1,059,200.00
(b)
7
Factory overhead
325,800.00
180,400.00
8
Total manufacturing costs incurred during December
(b)
1,032,000.00
9
Total...
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