Two items are omitted from each of the following three lists of cost of goods manufactured statement data. Determine the amounts of the missing items, identifying them by letter. $ 19,660 $ 41,650 Work in process inventory, August 1 Total manufacturing costs incurred during August Total manufacturing costs (E) (C) 1,075,000 $1,240,000 332,750 (A) $515,770 Work in process inventory, August 31 Cost of goods manufactured 23,500 54,000 (F) (B) (D) $1,068,000

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 4PB: Several items are omitted from the income statement and cost of goods manufactured statement data...
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Two items are omitted from each of the following three lists of cost of goods manufactured
statement data. Determine the amounts of the missing items, identifying them by letter.
$ 19,660
$ 41,650
Work in process inventory, August 1
Total manufacturing costs incurred during August
Total manufacturing costs
(E)
(C)
1,075,000
$1,240,000
332,750
(A)
$515,770
Work in process inventory, August 31
Cost of goods manufactured
23,500
54,000
(F)
(B)
(D)
$1,068,000
Transcribed Image Text:Two items are omitted from each of the following three lists of cost of goods manufactured statement data. Determine the amounts of the missing items, identifying them by letter. $ 19,660 $ 41,650 Work in process inventory, August 1 Total manufacturing costs incurred during August Total manufacturing costs (E) (C) 1,075,000 $1,240,000 332,750 (A) $515,770 Work in process inventory, August 31 Cost of goods manufactured 23,500 54,000 (F) (B) (D) $1,068,000
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