Manufacturing cost data for Morton Company are presented below.   Case A Case B Case C Direct materials used (a) $75,400 $130,000 Direct labor $  57,000 76,000 (g) Manufacturing overhead 46,500 81,600 102,000 Total manufacturing costs 195,650 (d) 283,700 Work-in-process, 1/1/16 (b) 16,500 (h) Total cost of work-in-process 221,500 (e) 327,000 Work-in-process, 12/31/16 (c) (9,000) 80,000 Cost of goods manufactured 180,275 (f) (i) Instructions Indicate the missing amount for each letter (a) through (i).

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Manufacturing cost data for Morton Company are presented below.

 

Case A

Case B

Case C

Direct materials used

(a)

$75,400

$130,000

Direct labor

$  57,000

76,000

(g)

Manufacturing overhead

46,500

81,600

102,000

Total manufacturing costs

195,650

(d)

283,700

Work-in-process, 1/1/16

(b)

16,500

(h)

Total cost of work-in-process

221,500

(e)

327,000

Work-in-process, 12/31/16

(c)

(9,000)

80,000

Cost of goods manufactured

180,275

(f)

(i)

Instructions

Indicate the missing amount for each letter (a) through (i).

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