For each of the following independent cases (1 to 4), compute the missing values. (Enter all amounts as positive values.) Beginning raw materials Raw materials purchases Indirect materials issued Ending raw materials Direct materials used Direct labor Manufacturing overhead applied Total current manufacturing costs Beginning work in process Ending work in process Cost of goods manufactured Beginning finished goods Ending finished goods Cost of goods sold Case 1 5,500 53,000 700 1,700 36,000 54,000 50,000 132,000 79,000 78,000 Case 2 11,650 2,500 2,850 15,300 39,550 78,600 38,600 73,800 31,100 79,000 Case 3 Case 4 25,000 $ 96,000 43,640 900 $ 32,420 30,580 94,100 41,550 90,925 52,000 111,875 3,900 94,500 122,650 540,930 102,220 236,800 834,900 398,300 839,400
For each of the following independent cases (1 to 4), compute the missing values. (Enter all amounts as positive values.) Beginning raw materials Raw materials purchases Indirect materials issued Ending raw materials Direct materials used Direct labor Manufacturing overhead applied Total current manufacturing costs Beginning work in process Ending work in process Cost of goods manufactured Beginning finished goods Ending finished goods Cost of goods sold Case 1 5,500 53,000 700 1,700 36,000 54,000 50,000 132,000 79,000 78,000 Case 2 11,650 2,500 2,850 15,300 39,550 78,600 38,600 73,800 31,100 79,000 Case 3 Case 4 25,000 $ 96,000 43,640 900 $ 32,420 30,580 94,100 41,550 90,925 52,000 111,875 3,900 94,500 122,650 540,930 102,220 236,800 834,900 398,300 839,400
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter6: Process Cost Accounting—additional Procedures; Accounting For Joint Products And By-products
Section: Chapter Questions
Problem 3E: The following data appeared in the accounting records of Craig Manufacturing Inc., which uses the...
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