Question
Cost of Goods Manufactured for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods manufactured statement
Cost of Goods Manufactured for a Manufacturing Company
Two items are omitted from each of the following three lists of cost of goods manufactured statement data. Determine the amounts of the missing items, identifying them by letter.
| Work in process inventory, August 1 | $19,660 | $41,650 | (e) | ||
| Total manufacturing costs incurred during August | 332,750 | (c) | 1,075,000 | ||
| Total manufacturing costs | (a) | $515,770 | $1,240,000 | ||
| Work in process inventory, August 31 | 23,500 | 54,000 | (f) | ||
| Cost of goods manufactured | (b) | (d) | $1,068,000 |
| a. | $fill in the blank 1 |
| b. | $fill in the blank 2 |
| c. | $fill in the blank 3 |
| d. | $fill in the blank 4 |
| e. | $fill in the blank 5 |
| f. | $fill in the blank 6 |
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Principles of Accounting
Authors: Needles, Powers, crosson
11th Edition
1439037744, 978-1133626985, 978-1439037744
