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I want all my answers correct because I got all my answer wrong last time. 1. Determine the missing amounts. Direct Materials Used (1) (2)

I want all my answers correct because I got all my answer wrong last time.

image text in transcribed 1. Determine the missing amounts. Direct Materials Used (1) (2) (3) (1) Direct Labor Used $42,970 Total Manufacturin g Costs $ $64,500 77,500 $53,940 $78,800 $ $57,940 Factory Overhea d $141,800 $298,100 $112,450 $312,830 $ Total Manufacturin g Costs $ (2) $298,100 (3) 142,440 Work in Process (1/1) $123,730 $ $312,830 161,410 Work in Process (12/31) $84,570 $99,800 $465,780 Cost of Goods Manufacture d $ $324,070 $ 2.The following information is available for Fishel Company. April 1 $10,718 5,438 Raw materials inventory Work in process inventory Materials purchased in April Direct labor in April Manufacturing overhead in April April 30 $14,397 3,808 $98,179 79,875 182,790 Prepare the cost of goods manufactured schedule for the month of April. FISHEL COMPANY Cost of Goods Manufactured Schedule For the Month Ended April 30 $ $ : $ $ : $ 3. Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used $127,760 69,300 7,720 120,100 30,700 Advertising expense Property taxes on plant Delivery expense Sales commissions Salaries paid to sales clerks $49,530 20,140 22,620 37,820 53,710 Work in process inventory was $14,190 at January 1 and $17,290 at December 31. Finished goods inventory was $69,430 at January 1 and $48,290 at December 31. (a) Compute cost of goods manufactured. Cost of goods manufactured $ 4. The following information is available for Aikman Company. Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue January 1, 2014 $24,360 17,300 28,120 2014 December 31, 2014 $32,560 17,800 23,960 $154,000 223,070 184,730 901,580 Don't show me this message again for the assignment (a) Compute cost of goods manufactured. Aikman Company Cost of Goods Manufactured Schedule $ $ : $ : $ 5. Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows. (a) Indicate the missing amount. Case 1 Direct materials used Direct labor Manufacturing overhead $ 10,040 5,862 8,717 Total manufacturing costs Beginning work in process inventory 2 $ 8,619 4,398 16,341 1,141 Ending work in process inventory 3,578 Sales revenue 25,228 Sales discounts Cost of goods manufactured 2,624 17,157 1,788 22,383 Beginning finished goods inventory Goods available for sale 3,675 20,944 Cost of goods sold Ending finished goods inventory 4,359 Gross profit Operating expenses 2,946 7,597 2,878 Net income Click if you would like to Show Work for this question: 5,480 Open Show Work

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