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Consider the following partially completed schedules of cost of goods manufactured. Compute the missing amounts. View the schedules. LOADING... Question content area bottom Part 1

Consider the following partially completed schedules of cost of goods manufactured. Compute the missing amounts.
View the schedules. LOADING...
Question content area bottom
Part 1
Begin by computing the missing amounts for Lee SupplyLee Supply.
Lee Supply
Beginning Work-in-Process Inventory
Direct Materials Used
14,900
Direct Labor
10,800
Manufacturing Overhead
Total Manufacturing Costs Incurred during the Year
46,000
Total Manufacturing Costs to Account For
56,900
Ending Work-in-Process Inventory
Cost of Goods Manufactured
$52,500
Part 2
Now compute the missing amounts for Rustic GearRustic Gear
Rustic Gear
Beginning Work-in-Process Inventory
$40,300
Direct Materials Used
35,600
Direct Labor
20,100
Manufacturing Overhead
10,500
Total Manufacturing Costs Incurred during the Year
Total Manufacturing Costs to Account For
Ending Work-in-Process Inventory
(25,200)
Cost of Goods Manufactured
Part 3
Finally compute the missing amounts for Corrigan Inc.Corrigan Inc..
Corrigan Inc.
Beginning Work-in-Process Inventory
$2,000
Direct Materials Used
Direct Labor
1,300
Manufacturing Overhead
700
Total Manufacturing Costs Incurred during the Year
Total Manufacturing Costs to Account For
7,700
Ending Work-in-Process Inventory
(2,900)
Cost of Goods ManufacturedLee Supply
Rustic Gear
Corrigan Inc.
Beginning Work-in-Process Inventory
$ (a)
$40,300
$2,000
Direct Materials Used
14,900
35,600
(g)
Direct Labor
10,800
20,100
1,300
Manufacturing Overhead
(b)
10,500
700
Total Manufacturing Costs Incurred during the Year
46,000
(d)
(h)
Total Manufacturing Costs to Account For
56,900
(e)
7,700
Ending Work-in-Process Inventory
(c)
(25,200)
(2,900)
Cost of Goods Manufactured
$52,500
$ (f)
$ (i)

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