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Exercise 2.32 Manufacturing cost data for Criqui Company are presented below: Provide the missing amounts. Case A Case B Case C Direct materials used $
Exercise 2.32
Manufacturing cost data for Criqui Company are presented below: Provide the missing amounts.
| Case A | Case B | Case C | |||||||
| Direct materials used | $ | (a) | $70,000 | $130,000 | |||||
| Direct labour | 53,100 | 86,600 | (g) | ||||||
| Manufacturing overhead | 46,100 | 81,600 | 101,500 | ||||||
| Total manufacturing costs | 175,600 | (d) | 274,000 | ||||||
| Work in process (1/1/20) | (b) | 15,700 | (h) | ||||||
| Total cost of work in process | 222,000 | (e) | 335,900 | ||||||
| Work in process (12/31/20) | (c) | 13,000 | 90,800 | ||||||
| Cost of goods manufactured | 180,435 | (f) | (i) | ||||||
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