WileyPLUS o Song Dhaka Attack 1 Arifin Shuvoo Mahil Return

WileyPLUS o Song Dhaka Attack 1 Arifin Shuvoo Mahil . Return to Blackboard Weygandt, Managerial Accounting, 7e NEXT CALCULATOR PRINTER VERSION BACK RESOURCES Exercise 1-10 Manufacturing cost data for Copa Company are presented below. Indicate the missing amount for each letter (a) through (). rcise 1-8 Di Ma Sa Case A Case B Case C Review 1-3 $69,400 87,000 82,000 (a) $131,000 Direct materials used se 1-8 58,000 47,000 197,000 Direct labor 103,000 Manufacturing overhead Exercise 1-1 Total manufacturing costs (d) 254,000 (b)17,000 th) ef Exercise 1-3 ef Exercise 1-4 ief Exercise 1-5 net Exercise 1-6 Work in process 1/1/17 Total cost of work in process Work in process 12/31/17 Cost of goods manufactured 222,000 (e) w 338,000 (e)12,000 71,000 Do Itt Review 1-4 Exercise I Exercise 1-2 Exercise 1-5 186,000 Ci) VIDEO APPL IED SKILLS Review Score Review Results by Study Question Attempts: O of 2 used SAV, FOR LATER, Mr1 2 3 4 5 6

Solution

Case A)

a)Direct material used =Total manufacturing cost-direct labor -overhead

           = 197000-58000-47000

            = $ 92000

b)Work in process 1/1/17 = Total work in process -total manufacturing cost

       = 222000-197000

        = 25000

c)cost of goods manufactured = Total cost of WIP -cost of goods manufactured

     =222000-186000

      = 36000

caseB)

d)Total manufacturing cost= 69400+87000+82000=238400

e)Total cost of WIP =238400+17000 = 255400

f)cost of goods manufactured = 255400-12000 = $ 243400

caseC)

g)Directlabor = Total manufacturing cost-direct material-overhead

       = 254000-131000-103000

       = 20000

h)Work in process 1/1/17 = 338000-254000=84000

i)cost of goods manufactured =338000-71000 = 267000