Incomplete manufacturing cost data for Colaw Company for 2014 are presented as follows for four different situations.
Question:
Incomplete manufacturing cost data for Colaw Company for 2014 are presented as follows for four different situations.
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 31,2014.
Transcribed Image Text:
Cost of Total Direct Direct Manufac- Manufac- Work in Work in Goods Materials Labor turing turing Process Process Manufac- Used Used Overhead Costs 1/1 12/31 tured (1) $127,000 $140,00087,000 (a) $33,000 (b$360,000 40,000 470,000 (2) (c) 200,000 132,000 450,000 (d) (3) 80,000 100,000 (e) (4) 70,000 (g) 255,000 60,000 75,000 288,000 45,000 80,000 (h 270,000
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a a 127000 140000 87000 354000 b 354000 33000 360000 27000 c 450000 200000 ...View the full answer
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Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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