Question

Page 34 of 630 # troduction to Managerial Accounting E1-7 Calculating Missing Amounts For each of the following independent cases (A through E), compute the missing values in the table: Prime Cost Conversion Cost Direct Materials Direct Labor Manufacturing Overhead Total Manufacturing Cost Case $ $1,500 ? 6,600 $ ? $ ? 11,500 8,000 $2,000 2,300 1,400 $3,500 7,200 ? 3,250 2,100 ? 9,400 6,200 mo 3,100 11,500 20,500 3,800 1-4 E1-8 Classifying and Calculating Costs The following information is available for Wonderway, Inc., for 2015:

Answer 1

Prime cost = direct materials + direct labor
Conversion cost = Direct labor + Manufactuing overhead
total manufacturing cost = direct materials + direct labor +MOH
	Prime	Conversion	Direct	direct	Manufacturing	total
Case	Cost	cost	Materials	Labor	overhead	Mfg
						cost
A	3,500	5,000	2,000	1,500	3,500	7,000
B	6,600	11,500	2,300	4,300	7,200	13,800
C	4,650	8,000	1,400	3,250	4,750	9,400
D	3,100	5,200	1,000	2,100	3,100	6,200
E	11,500	20,500	3,800	7,700	12,800	24,300