Cost of Goods Manufactured for a Manufacturing Company
Two items are omitted from each of the following three lists ofcost of goods manufactured statement data. Determine the amounts ofthe missing items, identifying them by letter.
Work in process inventory, August 1 | $19,660 | | $41,650 | | (e) |
Total manufacturing costs incurred during August | 332,750 | | (c) | | 1,075,000 |
Total manufacturing costs | (a) | | $515,770 | | $1,240,000 |
Work in process inventory, August 31 | 23,500 | | 54,000 | | (f) |
Cost of goods manufactured | (b) | | (d) | | $1,068,000 |