Homework Answers
| Direct materials used (A) = (D - B - C ) |
Direct Labor used (B) = (D - A - C ) |
Manufacturing Overhead (C ) = (D - A-B ) |
Total manufacturing costs (D) = (A + B + C ) |
Work in Process 1/1 (E) = (G +F - D ) |
Work in Process 12/31 (F) = ( D + E - G ) |
Cost of Goods manufactured (G) = (D + E - F) |
|
| 1 | $ 118,700 | $ 144,700 | $ 89,300 | $ 352,700 | $ 37,800 | $ 24,600 | $ 365,900 |
| 2 | $ 116,900 | $ 202,900 | $ 133,700 | $ 453,500 | $ 64,600 | $ 44,100 | $ 474,000 |
| 3 | $ 85,500 | $ 101,100 | $ 82,600 | $ 269,200 | $ 63,600 | $ 84,800 | $ 248,000 |
| 4 | $ 74,400 | $ 137,200 | $ 79,800 | $ 291,400 | $ 46,000 | $ 65,000 | $ 272,400 |
| HORIZON COMPANY Cost of Goods Manufactured Schedule |
||
| Beginning work in process inventory | $ 37,800 | |
| Direct materials | $ 118,700 | |
| Direct labor | $ 144,700 | |
| Manufacturing overhead: | $ 89,300 | |
| Total Manufacturing costs | $ 352,700 | |
| Total Cost of work in process | $ 390,500 | |
| Less: Ending work in process inventory | ($ 24,600) | |
| Cost of Goods manufactured | $ 365,900 |
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LM UBIC35 Incomplete manufacturing cost data for Horizon Company for 2020 are presented as follows for...
Incomplete manufacturing cost data for Horizon Company for 2017 are presented as follows for four different...
Incomplete manufacturing cost data for Horizon Company for 2017 are presented as follows for four different situations. Indicate the missing amount for each letter. Direct Materials Used Direct Labor Used Work in ProcesS Work in Process 12/31 Total Cost of Goods Manufactured Manufacturing Manufacturing Overhead $91,200 133,700 Costs (1) $122,700 $142,700 (a) $36,800 (b) $365,100 (c 203,200 452,400 268,100 293,500 43,000 475,600 85,900 105,000 64,500 83,700 73,200 80,400 46,300 Ch) 273,800 LINK TO TEXT VIDEO: APPLIED SKILLS Prepare a condensed...
Incomplete manufacturing cost data for Horizon Company for 2020 are presented as follows for four different...
Incomplete manufacturing cost data for Horizon Company for 2020 are presented as follows for four different situations. Indicate the missing amount for each letter. Direct Materials Used Direct Labor Used Manufacturing Overhead Total Manufacturing Costs Work in Process 1/1 Work in Process 12/31 Cost of Goods Manufactured (1) $118,900 $145,300 $91,100 $ $34,800 (b) $362,800 $ (a) I 451,400 (2) 205,300 137,100 (d) 45,200 471,200 (3) 82,900 103,600 269,100 63,400 85,200 (0) 74,800 (9) 77,200 289,800 47,900 (h) 272,900 Prepare...
Incomplete manufacturing cost data for Horizon Company for 2017 are presented as follows for four different...
Incomplete manufacturing cost data for Horizon Company for 2017 are presented as follows for four different situations Indicate the missing amount for each letter Direct Materials Used Direct Labor Used Manufacturing Overhead Total Manufacturing Costs Work in Process Work inn ProcesS 12/31 Cost of Goods Manufactured $141,400 204,100 101,700 $121,600 $91,100 $35,600 $365,600 454,000 267,200 289,400 136,600 45,100 475,100 83,600 62,300 83,300 73,400 77,100 46,000 271,000 Prepare a condensed cost of goods manufactured schedule for situation (1) for the year...
Exercise 14-11 Incomplete manufacturing cost data for Horizon Company for 2017 are presented as follows for...
Exercise 14-11 Incomplete manufacturing cost data for Horizon Company for 2017 are presented as follows for four different situations. Indicate the missing amount for each letter Total Manufacturing Direct Direct Work in Work in Manufacturing Overhead Materials Used Labor Cost of Goods Process Process Used 12/31 Manufactured Costs 1/1 |(1) $121,600 $145,600 $89,900 (a) $35,200 (b) $363,000 $ $ (2) (c) (d) 473,900 204,200 136,200 455,900 44,800 |(3) (e) 267,200 83,200 (f) 82,700 104,100 65,900 (4) 73,100 g) 47,700 (h)...
Exercise 14-11 Incomplete manufacturing cost data for Horizon Company for 2017 are presented as follows for...
Exercise 14-11
Incomplete manufacturing cost data for Horizon Company for 2017
are presented as follows for four different situations.
Indicate the missing amount for each letter. Direct Materials Used Direct Labor Used Manufacturing Overhead Total Manufacturing Costs Work in Process 1/1 Work in Process 12/31 Cost of Goods Manufactured (1) $122,000 $141,000 $90,500 $36,600 (b) $366,000 (2) 201,100 134,400 455,000 44,400 474,700 (d) 64,300 (3) 85,700 101,800 270,700 (f) 83,000 (h) (F) 272,200 (4) (4) 75,100 (9) 76,700 290,300 50,800...
Exercise 14-11 Incomplete manufacturing cost data for Horizon Company for 2017 are presented as follows for...
Exercise 14-11 Incomplete manufacturing cost data for Horizon Company for 2017 are presented as follows for four different situations. Indicate the missing amount for each letter. Direct Labor Direct Total Work in Work in Manufacturing Manufacturing Materials Cost of Goods Process Process Used Used 1/1 Manufactured Overhead Costs 12/31 (1) $122,000 $145,100 $90,300 (a) $35,100 (b) $362,700 $ $ |(2) (c) 204,400 (d) 43,300 134,800 453,600 474,100 |(3) 85,800 (e) 269,300 (f) 103,700 64,400 81,300 |(4) (g) 79,200 48,100 (h)...
Exercise 14-11 a- Incomplete manufacturing cost data for Marigold Company for 2020 are presented as follows...
Exercise 14-11 a- Incomplete manufacturing cost data for Marigold Company for 2020 are presented as follows for four different situations. Indicate the missing amount for each letter. Direct Materials Used Direct Labor Used Manufacturing Overhead Total Manufacturing Costs Work in Process 1/1 Work in Process 12/31 Cost of Goods Manufactured $120,400 $144,600 (a) $38,800 (b) $361,200 $89,400 134,700 472,600 204,200 105,500 455,300 270,400 292,600 41,300 86,000 83,500 73,000 62,200 46,100 80,300 (h) 271,100 LINK TO TEXT Prepare a condensed cost...
E1.11 (LO 3), AN Incomplete manufacturing cost data for Horizon Company for 2020 are presented as...
E1.11 (LO 3), AN Incomplete manufacturing cost data for Horizon Company for 2020 are presented as follows for four different situations, rea factured Total Direct Materials Used (1) $117.000 (c) 80,000 (4) 70,000 Direct Labor Used $140,000 200,000 100,000 Manufac- turing Overhead $ 87,000 132.000 (e) 75,000 Manufac- turing Costs S (a) 450,000 265,000 288,000 Work in Process 1/1 $33.000 (d) 60,000 45,000 Work in Process 12/31 S (b) 40,000 80.000 (h) Cost of Goods Manufae tured $360,000 470,000 270,000...
Exercise 14-11 Incomplete manufacturing cost data for Horizon Company for 2020 are presented as follows for...
Exercise 14-11 Incomplete manufacturing cost data for Horizon Company for 2020 are presented as follows for four different situations. Your answer is partially correct. Try again. Indicate the missing amount for each letter. Direct Materials Used Direct Labor Used Manufacturing Overhead Total Manufacturing Costs Work in Process 1/1 Work in Process 12/31 Cost of Goods Manufactured $118,900 $145,300 $91,100 355,300|(a) $34,800 110,500 $362,800 (2) 109,000() 205,300 137,100 451,400 45,200 471,200 103,600 1 82,600(e) 269,100 63,400 85,200 82,900 74,800 T 137,800(0)...
Incomplete manufacturing cost data for Black Company for the year are presented as follows for four...
Incomplete manufacturing cost data for Black Company for the year are presented as follows for four different situations: Direct Materials Used Labour Used Manufacturing Overhead Total manufacturing costs Work in Progress (1/1) Work in Progress (12/31) Cost of Goods Manufactured 1. $127,000 $160,000 $89,000 (a) $33,000 (b) $360,000 2. (C) $180,000 $123,000 $401,000 (d) $40,000 $470,000 3. $80,000 $100,000 (e) $274,000 $60,000 $80,000 (f) 4. $67,000 (g) $75,000 $238,000 $45,000 (h) $270,000 (a) Indicate the missing amount for each letter...
Incomplete manufacturing cost data for Horizon Company for 2017 are presented as follows for four different situations. Indicate the missing amount for each letter. Direct Materials Used Direct Labor Used Work in ProcesS Work in Process 12/31 Total Cost of Goods Manufactured Manufacturing Manufacturing Overhead $91,200 133,700 Costs (1) $122,700 $142,700 (a) $36,800 (b) $365,100 (c 203,200 452,400 268,100 293,500 43,000 475,600 85,900 105,000 64,500 83,700 73,200 80,400 46,300 Ch) 273,800 LINK TO TEXT VIDEO: APPLIED SKILLS Prepare a condensed...
Incomplete manufacturing cost data for Horizon Company for 2020 are presented as follows for four different situations. Indicate the missing amount for each letter. Direct Materials Used Direct Labor Used Manufacturing Overhead Total Manufacturing Costs Work in Process 1/1 Work in Process 12/31 Cost of Goods Manufactured (1) $118,900 $145,300 $91,100 $ $34,800 (b) $362,800 $ (a) I 451,400 (2) 205,300 137,100 (d) 45,200 471,200 (3) 82,900 103,600 269,100 63,400 85,200 (0) 74,800 (9) 77,200 289,800 47,900 (h) 272,900 Prepare...
Incomplete manufacturing cost data for Horizon Company for 2017 are presented as follows for four different situations Indicate the missing amount for each letter Direct Materials Used Direct Labor Used Manufacturing Overhead Total Manufacturing Costs Work in Process Work inn ProcesS 12/31 Cost of Goods Manufactured $141,400 204,100 101,700 $121,600 $91,100 $35,600 $365,600 454,000 267,200 289,400 136,600 45,100 475,100 83,600 62,300 83,300 73,400 77,100 46,000 271,000 Prepare a condensed cost of goods manufactured schedule for situation (1) for the year...
Exercise 14-11 Incomplete manufacturing cost data for Horizon Company for 2017 are presented as follows for four different situations. Indicate the missing amount for each letter Total Manufacturing Direct Direct Work in Work in Manufacturing Overhead Materials Used Labor Cost of Goods Process Process Used 12/31 Manufactured Costs 1/1 |(1) $121,600 $145,600 $89,900 (a) $35,200 (b) $363,000 $ $ (2) (c) (d) 473,900 204,200 136,200 455,900 44,800 |(3) (e) 267,200 83,200 (f) 82,700 104,100 65,900 (4) 73,100 g) 47,700 (h)...
Exercise 14-11
Incomplete manufacturing cost data for Horizon Company for 2017
are presented as follows for four different situations.
Indicate the missing amount for each letter. Direct Materials Used Direct Labor Used Manufacturing Overhead Total Manufacturing Costs Work in Process 1/1 Work in Process 12/31 Cost of Goods Manufactured (1) $122,000 $141,000 $90,500 $36,600 (b) $366,000 (2) 201,100 134,400 455,000 44,400 474,700 (d) 64,300 (3) 85,700 101,800 270,700 (f) 83,000 (h) (F) 272,200 (4) (4) 75,100 (9) 76,700 290,300 50,800...
Exercise 14-11 Incomplete manufacturing cost data for Horizon Company for 2017 are presented as follows for four different situations. Indicate the missing amount for each letter. Direct Labor Direct Total Work in Work in Manufacturing Manufacturing Materials Cost of Goods Process Process Used Used 1/1 Manufactured Overhead Costs 12/31 (1) $122,000 $145,100 $90,300 (a) $35,100 (b) $362,700 $ $ |(2) (c) 204,400 (d) 43,300 134,800 453,600 474,100 |(3) 85,800 (e) 269,300 (f) 103,700 64,400 81,300 |(4) (g) 79,200 48,100 (h)...
Exercise 14-11 a- Incomplete manufacturing cost data for Marigold Company for 2020 are presented as follows for four different situations. Indicate the missing amount for each letter. Direct Materials Used Direct Labor Used Manufacturing Overhead Total Manufacturing Costs Work in Process 1/1 Work in Process 12/31 Cost of Goods Manufactured $120,400 $144,600 (a) $38,800 (b) $361,200 $89,400 134,700 472,600 204,200 105,500 455,300 270,400 292,600 41,300 86,000 83,500 73,000 62,200 46,100 80,300 (h) 271,100 LINK TO TEXT Prepare a condensed cost...
E1.11 (LO 3), AN Incomplete manufacturing cost data for Horizon Company for 2020 are presented as follows for four different situations, rea factured Total Direct Materials Used (1) $117.000 (c) 80,000 (4) 70,000 Direct Labor Used $140,000 200,000 100,000 Manufac- turing Overhead $ 87,000 132.000 (e) 75,000 Manufac- turing Costs S (a) 450,000 265,000 288,000 Work in Process 1/1 $33.000 (d) 60,000 45,000 Work in Process 12/31 S (b) 40,000 80.000 (h) Cost of Goods Manufae tured $360,000 470,000 270,000...
Exercise 14-11 Incomplete manufacturing cost data for Horizon Company for 2020 are presented as follows for four different situations. Your answer is partially correct. Try again. Indicate the missing amount for each letter. Direct Materials Used Direct Labor Used Manufacturing Overhead Total Manufacturing Costs Work in Process 1/1 Work in Process 12/31 Cost of Goods Manufactured $118,900 $145,300 $91,100 355,300|(a) $34,800 110,500 $362,800 (2) 109,000() 205,300 137,100 451,400 45,200 471,200 103,600 1 82,600(e) 269,100 63,400 85,200 82,900 74,800 T 137,800(0)...
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