Incomplete manufacturing cost data for Colaw Company for 2012 are presented as follows for four different situations.
Question:
Instructions
(a) Indicate the missing amount for each letter.
(b) Prepare a condensed cost of goods manufactured schedule for situation (1) for the year ended December 31,2012.
Transcribed Image Text:
Total Cost of Direct Materials Direct Manufac Manufac Work in Work inGoods Labor Used Overhead turing turing Process Process Manufac- 12/31tured Used (1) $127,000 $140,000 $ 87,000 (3) 80,000 100,000 Costs $33,000 (b) $360,000 $40,000 470,000 200,000 132,000 $450,000 255,000 60,000 75,000 288,000 45,000 80,000 (4) 70,000 () 270,000
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a a 127000 140000 87000 354000 b 354000 33000 360000 27000 c 450...View the full answer
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Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso
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