E1-9  An incomplete cost of goods manufactured schedule is presented  below.

 

Molina Company

Cost of Goods Manufactured Schedule For the Year Ended December 31,  2014

 

 

Work in process (1/1) Direct materials Raw materials inventory (1/1) Add: Raw materials purchases	    $     ? 158,000	Â	Â	Â	$210,000
Total raw materials available for use Less: Raw materials inventory (12/31)	? 22,500	Â	Â	Â	Â
Direct materials used Direct labor Manufacturing overhead Indirect labor	      18,000	Â	$190,000 ?	Â	Â
Factory depreciation	36,000	Â	Â	Â	Â
Factory utilities	68,000	Â	Â	Â	Â
Total overhead	Â	Â	122,000	Â	Â
Total manufacturing costs	Â	Â	Â	Â	?
Total cost of work in process	Â	Â	Â	Â	?

Less: Work in process (12/31)                                                                                                  81,000

Cost of goods manufactured                                                                                                $530,000

 

 

 

 

 

Determine the missing amount of different cost items.

 

 

Instructions

Complete the cost of goods manufactured schedule for Molina   Company.

E1-10  Manufacturing cost data for Copa Company are presented below.

 

Case A              Case B             Case C

                                                              

Direct materials used                        $   (a)                $68,400          $130,000

 

Direct labor	57,000	86,000	(g)
Manufacturing overhead	46,500	81,600	102,000
Total manufacturing costs	195,650	(d)	253,700
Work in process 1/1/14	(b)	16,500	(h)
Total cost of work in process	221,500	(e)	337,000
Work in process 12/31/14	(c)	11,000	70,000
Cost of goods manufactured	185,275	(f)	(i)

Instructions

Indicate the missing amount for each letter (a) through (i).