incomplete manufacturing cost data for horizon company for 2
incomplete manufacturing cost data for horizon company for 2017 are presented as follows for four different situations.
 indicate the missing amount for each letter.
Solution
Solution :-
Direct material used + Direct labor used + manufacturing overhead = Total Manufacturing costs
Total Manufacturing Costs + Beginning WIP - Ending WIP = Cost of Goods Manufactured
| Particulars | (1) | (2) | (3) | (4) | 
| Direct Materials Used | $120400 | $116400 | $83500 | $73000 | 
| Direct Labor Used | $144600 | $204200 | $105500 | $139300 | 
| Manufacturing Overhead | $89400 | $134700 | $81400 | $80300 | 
| Total Manufacturing Costs | $354400 | $455300 | $270400 | $292600 | 
| Add : Beginning WIP | $38800 | $58600 | $62200 | $46100 | 
| Less : Ending WIP | ($32000) | ($41300) | ($86000) | ($67600) | 
| Cost of Goods Manufactured | $361200 | $472600 | $246600 | $271100 | 

