Incomplete manufacturing cost data for Colaw Company for 2012 are presented as follows for four different situations.
|
|
|
| Total |
|
| Cost of |
| Direct | Direct | Manufac- | Manufac- | Work in | Work in | Goods |
| Materials | Labor | turing | turing | Process | Process | Manufac- |
| Used | Used | Overhead | Costs | 1-Jan | 31-Dec | tured |
| (1) $127,000 | $140,000 | $87,000 | (a) | $33,000 | (b) | $360,000 |
| (2) (c) | 200,000 | 132,000 | $450,000 | (d) | $40,000 | 470,000 |
| (3) 80,000 | 100,000 | (e) | 255,000 | 60,000 | 80,000 | (f) |
| (4) 70,000 | (g) | 75,000 | 288,000 | 45,000 | (h) | 270,000 |
Instructions
(a) Indicate the missing amount for each letter.
(b) Prepare a condensed cost of goods manufactured schedule for situation (1) for the year ended December 31, 2012.
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