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The following data relate to three independent production periods of Riverside Manufacturing Company. Missing data are indicated by question marks. A B C Materials: Beginning

The following data relate to three independent production periods of Riverside Manufacturing Company. Missing data are indicated by question marks.

A B C
Materials:
Beginning inventory $ 52 $ 164 $ 110
Purchases ? 700 500
Ending inventory 74 100 ?
Total material used 330 ? 440
Direct labor 580 960 800
Manufacturing overhead:
Indirect material 96 ? 120
Indirect labor 160 150 350
Other ? 200 340
Total manufacturing overhead 520 480 ?
Work in process inventories:
Beginning ? 90 260
Ending 70 ? 100
Finished goods inventories:
Beginning ? 400 80
Ending 335 120 330
Cost of goods manufactured 1,384 ? ?
Cost of goods sold 1,339 2,324 ?

Using the above data, determine the missing amounts. (You should set up a schedule of cost of goods manufactured and sold, fill in the known data, and calculate the missing amounts.)

Do not use negative signs with any of your answers.

Schedule of Cost of Goods Manufactured and Sold
A B C
Direct Material:
Beginning materials inventory $ 52 $ 164 $ 110
Cost of materials purchased

Cost of material available

Less: Ending materials inventory

Total material used

Less: Indirect material used

Direct material used

Direct labor 580 960 800
Manufacturing overhead:
Indirect material

Indirect labor

Other manufacturing overhead

Total manufacturing overhead

Total manufacturing costs

Add: Beginning work in process inventory

Total cost of work in process

Less: Ending work in process inventory

Cost of goods manufactured

Add: Beginning finished goods inventory

Cost of goods available

Less: Ending finished goods inventory

Cost of goods sold

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