Question

Presented below are incomplete manufacturing cost data. Determine the missing amounts for three different situations. Direct Materials Used Direct Labor Used Factory Overhead Total Manufacturing Costs (1) $42,300 $64,000 $52,300 $ (2) $ $77,800 $144,000 $297,000 (3) $58,300 $ $115,000 $314,000

Answer 1

Answer and Explanation:

The computation of the missing amount of the three different situations is shown below:

As we know that

Total manufacturing costs = Direct materials + Direct labor + Factory overhead

Now

Direct materials     Direct labor    Factory overhead     Total manufacturing

                                                                                          costs

$42,300                 $64,000         $52,300                    $158,600

$75,200                 $77,800         $144,000                     $297,000

$58,300                 $140,700       $115,000                      $314,000