Cost of Goods Manufactured for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods manufactured statement data. Determine the amounts of the missing items, identifying them by letter. #1 Work in process inventory, $16,000 #2 #3 $36,000 (e) November 1 Total manufacturing costs 112,000 (c) 42,000 incurred diring November Total manufacturing costs (a) 210,000 49,000 Work in process incentory, 24,000 48,000 (f) November 30 Cost of goods manufactured (b) (d) 43,000

Cost of Goods Manufactured for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods manufactured statement data. Determine the amounts of the missing items, identifying them by letter. #1 Work in process inventory, $16,000 #2 #3 $36,000 (e) November 1 Total manufacturing costs 112,000 (c) 42,000 incurred diring November Total manufacturing costs (a) 210,000 49,000 Work in process incentory, 24,000 48,000 (f) November 30 Cost of goods manufactured (b) (d) 43,000

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 27E: Selected information concerning the operations of a company for the year ended December 31 is as...

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Cost of Goods Manufactured for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods manufactured statement data. Determine the amounts of the missing items, identifying them by letter. Work in process inventory, August 1 Total manufacturing costs incurred during August Total manufacturing costs Work in process inventory, August 31 Cost of goods manufactured a. b. C. d. e. f. $ A LA $ $19,660 332,750 (a) 23,500 (b) $41,650 (c) $515,770 54,000 (d) (e) 1,075,000 $1,240,000 (f) $1,068,000
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