Question
The following data relate to three independent production periods of Randolph Manufacturing Company. Missing data are indicated by question marks. A B C Materials: Beginning
The following data relate to three independent production periods of Randolph Manufacturing Company. Missing data are indicated by question marks. A B C Materials: Beginning inventory $ 78 $ 410 $ 220 Purchases ? 1,750 1,000 Ending inventory 111 250 ? Total material used 495 ? 880 Direct labor 870 2,400 1,600 Manufacturing overhead: Indirect material 144 ? 110 Indirect labor 240 375 700 Other ? 500 680 Total manufacturing overhead 780 1,100 ? Work in process inventories: Beginning ? 225 520 Ending 105 ? 200 Finished goods inventories: Beginning ? 1,000 160 Ending 495 300 660 Cost of goods manufactured 2,076 ? ? Cost of goods sold 2,016 5,275 ? Using the above data, determine the missing amounts. (You should set up a schedule of cost of goods manufactured 2,076 ? ? Cost of goods sold 2,016 5,275 ?
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