Total Work in Work in Cost of Manufacturing Process Process Goods Costs (1/1) (12/31) Manufactured $112,800 $90,240 $274,480 $92,120 $292,340 $272,600 $378,820 24 $484,100 %24
Total Work in Work in Cost of Manufacturing Process Process Goods Costs (1/1) (12/31) Manufactured $112,800 $90,240 $274,480 $92,120 $292,340 $272,600 $378,820 24 $484,100 %24
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Presented beloware incomplete 2022 manufacturing cost data for Sunland Corporation. Determine the missing amounts.
Total
Work in
Work in
Cost of
Manufacturing
Process
Process
Goods
Costs
(1/1)
(12/31)
Manufactured
$112,800
$90,240
24
$274,480
24
$92,120
$292,340
$272,600
$378,820
$484,100

Transcribed Image Text:Presented below are incomplete 2022 manufacturing cost data for Sunland Corporation. Determine the missing amounts.
Direct
Total
Work in
Materials
Direct
Manufacturing
Manufacturing
Process
Used
Labor
Overhead
Costs
(1/1)
$35,720
$75,200
$45,120
$112,800
(b)
$140,060
$49,820
$84,600
$274,480
2$
(c)
$49,820
$109,040
$113,740
$272,600
$378,820
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