Presented below are incomplete manufacturing cost data. Determine the missing amounts for three different situations.
DirectMaterialsUsed DirectLaborUsed FactoryOverhead TotalManufacturingCosts (1) $40,000 $61,000 $50,000 $? (2) $? $75,000 $140,000 $296,000 (3) $55,000 $? $111,000 $310,000 etermine the missing amounts. TotalManufacturingCosts Workin Process(January 1) Workin Process(December 31) Cost ofGoodsManufactured (1) $? $120,000 $82,000 $? (2) $296,000 $? $98,000 $331,000 (3) $310,000 $463,000 $? $715,000 Knight Company reports the following costs and expenses in […]