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FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Manufacturing cost data for Marin Company are presented as follows. Determine the missing amount for each letter (a) through (i). Direct materials used Direct labor Manufacturing overhead Total manufacturing costs Work in process 1/1/22 Total cost of work in process Work in process 12/31/22 Cost of goods manufactured $ Case A 47,800 39,000 164,300 186,000 155,620 (a) 4 (b) (c) Case B $57,500 72,200 68,500 19,200 9,200 (d) (e) (1) Case C $109,200 85,600 213,000 283,000 58,800 (g) (h) ()
Transcribed Image Text:Manufacturing cost data for Marin Company are presented as follows. Determine the missing amount for each letter (a) through (i). Direct materials used Direct labor Manufacturing overhead Total manufacturing costs Work in process 1/1/22 Total cost of work in process Work in process 12/31/22 Cost of goods manufactured $ Case A 47,800 39,000 164,300 186,000 155,620 (a) 4 (b) (c) Case B $57,500 72,200 68,500 19,200 9,200 (d) (e) (1) Case C $109,200 85,600 213,000 283,000 58,800 (g) (h) ()
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