Presented below are incomplete manufacturing cost data. Determine the missing amounts for three different situations.

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Direct
Materials
Used


Direct
Labor
Used


 Factory
Overhead


Total
Manufacturing
Costs

 

(1)


$40,000


$61,000


$50,000


$Entry field with incorrect answer?

 

(2)


$Entry field with incorrect answer?


$75,000


$140,000


$296,000

 

(3)


$55,000


$Entry field with incorrect answer?


$111,000


$310,000

etermine the missing amounts.

    

Total
Manufacturing
Costs


Work
in Process
(January 1)


Work
in Process
(December 31)


Cost of
Goods
Manufactured

 

(1)


$http://edugen.wileyplus.com/edugen/art2/common/pixel.gif?


$120,000


$82,000


$http://edugen.wileyplus.com/edugen/art2/common/pixel.gif?

 

(2)


$296,000


$http://edugen.wileyplus.com/edugen/art2/common/pixel.gif?


$98,000


$331,000

 

(3)


$310,000


$463,000


$http://edugen.wileyplus.com/edugen/art2/common/pixel.gif?


$715,000


  

Knight Company reports the following costs and expenses in May.

     

Factory   utilities


$15,500


Direct   labor


$69,100

     

Depreciation   on factory equipment


12,650


Sales   salaries


46,400

 

Depreciation   on delivery trucks


3,800


Property   taxes on factory building


2,500

 

Indirect   factory labor


48,900


Repairs to   office equipment


1,300

 

Indirect   materials


80,800


Factory   repairs


2,000

 

Direct   materials used


137,600


Advertising


15,000

 

Factory   manager’s salary


8,000


Office   supplies used


2,640

    • 10 months ago
    Presented below are incomplete manufacturing cost data. Determine the missing amounts for three different situations.
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      PresentedbelowisalistofcostsandexpensesincurredinthefactorybyNu-WayCorporationamanufacturerofrecreationalvehicles..docx