Homework 1-Cost Concepts Saved 3 Determine the missing amount for each separate situation involving manufacturing cost flows. 4.5 points (1) (2) (3) Direct materials used $ 151,880 $ 35,290 Direct labor used 76,400 47,120 Factory overhead 123,400 34,240 61,675 eBook Total manufacturing costs 244,900 240,100 Work in process inventory, beginning 58,320 9,645 Total cost of work in process 292,125 Print Work in process inventory, ending 23,945 12,650 Cost of goods manufactured 266,820 References Help Save & Exit Submit Check my work
Homework 1-Cost Concepts Saved 3 Determine the missing amount for each separate situation involving manufacturing cost flows. 4.5 points (1) (2) (3) Direct materials used $ 151,880 $ 35,290 Direct labor used 76,400 47,120 Factory overhead 123,400 34,240 61,675 eBook Total manufacturing costs 244,900 240,100 Work in process inventory, beginning 58,320 9,645 Total cost of work in process 292,125 Print Work in process inventory, ending 23,945 12,650 Cost of goods manufactured 266,820 References Help Save & Exit Submit Check my work
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter10: Accounting Systems For Manufacturing Operations
Section: Chapter Questions
Problem 8CDQ: Describe the Source 01 the data for increasing Work in Process for (a) direct materials, (b) direct...
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