Question
2. Presented below are incomplete 2019 manufacturing cost data for Apple Inc. (20 pts) Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs Work
2. Presented below are incomplete 2019 manufacturing cost data for Apple Inc. (20 pts)
|
Direct Materials Used |
Direct Labor |
Manufacturing Overhead | Total Manufacturing Costs | Work in Process (1/1) | Work in Process (12/31) | Cost of Goods Manufactured | |
| (a) | $38,000 | $80,000 | $48,000 | ? | $120,000 | $96,000 | ? |
| (b) | $149,000 | $53,000 | $90,000 | $292,000 | ? | $98,000 | $311,000 |
| (c) | $53,000 | $116,000 | $121,000 | $290,000 | $403,000 | ? | $515,000 |
Instructions
Determine the missing amounts.
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Financial Accounting Theory
Authors: Craig Deegan, H. Bierman
4th Edition
0071013148, 978-0071013147
