Enabled: Exam For each of the following Independent cases, compute the missing values: Total Manufacturing Overhead Manufacturing Cost Direct Conversion Cost Direct Labor Case Prime Cost Materials Used 14,800 10,100 24 13,100 $ 23,500 $ 4,400 2$ 2$ 6,100 $ 2,500 $ C 23,000 $ 40,100 $ 7,700 23,300 $ 5,000 $ 9,350 28,300 17,420 $ E $ 6,130 $ 9,120 $ %24 B.
Enabled: Exam For each of the following Independent cases, compute the missing values: Total Manufacturing Overhead Manufacturing Cost Direct Conversion Cost Direct Labor Case Prime Cost Materials Used 14,800 10,100 24 13,100 $ 23,500 $ 4,400 2$ 2$ 6,100 $ 2,500 $ C 23,000 $ 40,100 $ 7,700 23,300 $ 5,000 $ 9,350 28,300 17,420 $ E $ 6,130 $ 9,120 $ %24 B.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:For each of the following independent cases, compute the missing values:
| Case | Prime Cost | Conversion Cost | Direct Materials Used | Direct Labor | Manufacturing Overhead | Total Manufacturing Cost |
|------|------------|-----------------|-----------------------|--------------|------------------------|--------------------------|
| A | $13,100 | $23,500 | $4,400 | | $14,800 | |
| B | | | $6,100 | $2,500 | $10,100 | |
| C | $23,000 | $40,100 | $7,700 | | | $28,300 |
| D | | | | $9,350 | | |
| E | | | $5,000 | $6,130 | $9,120 | $17,420 |
Note: Some of the values are missing and marked with empty spaces. The task is to compute these values based on the relationships between prime cost, conversion cost, direct materials used, direct labor, manufacturing overhead, and total manufacturing cost.
Prime Cost = Direct Materials Used + Direct Labor
Conversion Cost = Direct Labor + Manufacturing Overhead
Total Manufacturing Cost = Prime Cost + Manufacturing Overhead
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