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Indicate the missing amount for each letter. Direct Labor Used $141,000 (1) (2) (3) (4) Direct Materials. Used $122,000 (c) 85,700 75,100 201,100 101,800 (g) Manufacturing Overhead $90,500 134,400 (e) 76,700 HORIZON COMPANY Cost of Goods Manufactured Schedule $ Total Manufacturing Costs $ 455,000 (a) 270,700 290,300 $ $ Work in Process 1/1 $36,600 (d) 64,300 50,800 $ Work in Process 12/31 Prepare a condensed cost of goods manufactured schedule for situation (1) for the year ended December 31, 2017. (b) 44,400 83,000 (h) Cost of Goods Manufactured $366,000 474,700 (f) 272,200

Indicate the missing amount for each letter. Direct Labor Used $141,000 (1) (2) (3) (4) Direct Materials. Used $122,000 (c) 85,700 75,100 201,100 101,800 (g) Manufacturing Overhead $90,500 134,400 (e) 76,700 HORIZON COMPANY Cost of Goods Manufactured Schedule $ Total Manufacturing Costs $ 455,000 (a) 270,700 290,300 $ $ Work in Process 1/1 $36,600 (d) 64,300 50,800 $ Work in Process 12/31 Prepare a condensed cost of goods manufactured schedule for situation (1) for the year ended December 31, 2017. (b) 44,400 83,000 (h) Cost of Goods Manufactured $366,000 474,700 (f) 272,200

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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Indicate the missing amount for each letter. Direct Labor Used $141,000 201,100. (1) (2) (3) (4) Direct Materials. Used $122,000 (c) 85,700 75,100 101,800 Y Y (g) Y Manufacturing Overhead $90,500 T 134,400 HORIZON COMPANY Cost of Goods Manufactured Schedule (e) 76,700 $ $ Total Manufacturing Costs Y (a) 455,000 270,700 290,300 $ Work in Process 1/1 $36,600 (d) Prepare a condensed cost of goods manufactured schedule for situation (1) for the year ended December 31, 2017. 64,300 50,800 $ Work in Process 12/31 44,400 83,000 (b) (h) Cost of Goods Manufactured $366,000 474,700 (f) 272,200
Transcribed Image Text:Indicate the missing amount for each letter. Direct Labor Used $141,000 201,100. (1) (2) (3) (4) Direct Materials. Used $122,000 (c) 85,700 75,100 101,800 Y Y (g) Y Manufacturing Overhead $90,500 T 134,400 HORIZON COMPANY Cost of Goods Manufactured Schedule (e) 76,700 $ $ Total Manufacturing Costs Y (a) 455,000 270,700 290,300 $ Work in Process 1/1 $36,600 (d) Prepare a condensed cost of goods manufactured schedule for situation (1) for the year ended December 31, 2017. 64,300 50,800 $ Work in Process 12/31 44,400 83,000 (b) (h) Cost of Goods Manufactured $366,000 474,700 (f) 272,200
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