Incomplete manufacturing cost data for Zhang Ltd. for 2020 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, 2020.

Transcribed Image Text:

Cost of Total Manufac- Manufac- Direct Materials Goods Direct Labor Work in Work in turing turing Costs Process Process 12/31 Manufac- tured Used Used Overhead 1/1 HK$330,000 HK$(b) (d) 1. HK$1,170,000 HK$1,400,000 HK$ 870,000 HK$ (a) 2. HK$3,600,000 (c) 2,000,000 1,000,000 (g) 4,500,000 2,650,000 400,000 800,000 (h) 1,320,000 (e) 4,700,000 3. 4. 600,000 800,000 (f) 700,000 750,000 2,880,000 450,000 2,700,000