E110 Manufacturing cost data for Copa Company are presented

E1-10 Manufacturing cost data for Copa Company are presented below. Case C $130,000 Case A Case B $68,400 86,000 81,600 $ (a) Direct materials used Direct labor Manufacturing overhead Total manufacturing costs Work in process 1/1/17 Total cost of work in Work in Cost of goods manufactured 57,000 46,500 195,650 102,000 253,700 16,500 337,000 70,000 process 221,500 process 12/31/17 11,000 185,275 Instructions Indicate the missing amount for each letter (a) through (i).

Solution

Answer:

Case-A

Case-B

case-C

Direct materials used

92150

68400

130,000

Direct labor

57000

86000

21,700

Manufacturing overhead

46500

81600

102000

Total manufacturing costs

195650

236000

253700

Work in process 1/1/17

25850

16500

83300

Total cost of work in process

221500

252500

337000

Work in process 13/31/17

36225

11,000

70,000

Cost of goods manufactured

185275

241,500

267,000

Working notes for the answer:

1

a= Direct materials used

=195650-57000-46500

=92150

2

b= Work in process 1/1/17

=221500-195600

=25850

3=C

=221500-185275

=36225

4

d= Total manufacturing costs

=68400+86000+81600

=236000

5

e= Total cost of work in process

=236000+16500

=252500

6

f= Cost of goods manufactured

=252500-11000

=241500

7

g= Direct labor

=253700-130,000-102,000

=21700

8

h= Work in process 1/1/17

=337000-253700

=83300

9

i= Cost of goods manufactured

=337000-70,000

=267,000

	Case-A	Case-B	case-C
Direct materials used	92150	68400	130,000
Direct labor	57000	86000	21,700
Manufacturing overhead	46500	81600	102000
Total manufacturing costs	195650	236000	253700
Work in process 1/1/17	25850	16500	83300
Total cost of work in process	221500	252500	337000
Work in process 13/31/17	36225	11,000	70,000
Cost of goods manufactured	185275	241,500	267,000