Question
For each of the following independent cases ( 1 ?to 4 ) , ?compute the missing values. Note: Enter all amounts as positive values. Case
For each of the following independent cases ?to ?compute the missing values.
Note: Enter all amounts as positive values.
Case 1 Case 2 Case 3 Case 4 Beginning raw materials $ 6,800 $ 21,000 $ 90,000 Raw materials purchases 52,000 11,050 43,640 Indirect materials issued 1,000 2,400 900 3,300 Ending raw materials 1,600 3,250 93,800 Direct materials used 13,900 32,020 Direct labor 29,000 122,350 Manufacturing overhead applied 53,000 39,850 29,080 539,830 Total current manufacturing costs 84,600 94,200 Beginning work in process 41,000 33,600 101,020 Ending work in process 42,350 236,700 Cost of goods manufactured Beginning finished goods Ending finished goods Cost of goods sold 138,000 71,800 90,925 827,900 77,000 52,700 77,000 31,400 397,300 80,000 112,075 840,400
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Managerial Accounting
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
2nd edition
9780077493677, 78025516, 77493672, 9780077826482, 978-0078025518
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