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Consider the following partially completed schedules of cost of goods manufactured. Compute the missing amounts. Please find the following for Rustic Gear: Direct Materials Used,
Consider the following partially completed schedules of cost of goods manufactured. Compute the missing amounts.
Please find the following for Rustic Gear: Direct Materials Used, Total Manufacturing Costs Incurred During the Year, and Cost of Goods Manufactured
Inc. Laura's Bakery Rustic Gear 10,000 $ 14,200 10,900 20,400 Boswell Inc. Laura's Bak Work-in-Process Inventory 40,800 $ 35,200 20,500 10,000 2,200 Beginning Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs Incurred i 1,300 400 45,500 65,700 during the Year Total Manufacturing Costs to 7,000 Account For Ending Work-in-Process Inventory Cost of Goods Manufactured 55,500 $ (4,900) 50,600 $ 106,500 (25,000) 81,500 (2,900)Step by Step Solution
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