Indicate the missing amount for each letter
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Manufacturing cost data for Copa Company are presented below.
Indicate the missing amount for each letter (a) through (i).
Case A
|
Case B
|
Case C
|
|||||||
Direct materials used | $ | (a) | $68,400 | $130,000 | |||||
Direct labor | 57,000 | 86,000 | (g) | ||||||
Manufacturing |
46,500 | 81,600 | 102,000 | ||||||
Total |
195,650 | (d) | 253,700 | ||||||
Work in process 1/1/20 | (b) | 16,500 | (h) | ||||||
Total cost of work in process | 221,500 | (e) | 337,000 | ||||||
Work in process 12/31/20 | (c) | 11,000 | 70,000 | ||||||
Cost of goods manufactured | 185,275 | (f) | (i) |

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Manufacturing cost data for Copa Company are presented below.
Indicate the missing amount for each letter (a) through (i).
Case A
Case B
Case C
Direct materials used
$
(a)
$68,400
$130,000
Direct labor
57,000
86,000
(g)
Manufacturing overhead
46,500
81,600
102,000
Total manufacturing
195.650
(d)
253,700
costs
Work in process 1/1/20
(b)
16,500
(h)
Total cost of work in
221.500
(e)
337,000
process
Work in process
12/31/20
(c)
11,000
70,000
Cost of goods
185,275
(f)
(i)
manufactured
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