6 pts Determine the missing manufacturing cost data for Blossom Company as presented below. (Assume all raw materials used were direct materials.) Enter all values without dollar signs. Direct materials used Blossom Company Value 1 - 73720 Direct labor Manufacturing overhead $45,600 37,200 Total manufacturing costs 156,520 Work in process inventory, 1/1/22 Value 2 = Total cost of work-in-process 177,200 Work in process inventory, 12/31/22 Value 3 = Cost of goods manufactured 144,220

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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6 pts
Determine the missing manufacturing cost data for Blossom Company as presented below. (Assume all raw materials used
were direct materials.) Enter all values without dollar signs.
Direct materials used
Blossom Company
Value 1 -
73720
Direct labor
Manufacturing overhead
$45,600
37,200
Total manufacturing costs
156,520
Work in process inventory, 1/1/22
Value 2 =
Total cost of work-in-process
177,200
Work in process inventory, 12/31/22
Value 3 =
Cost of goods manufactured
144,220
Transcribed Image Text:6 pts Determine the missing manufacturing cost data for Blossom Company as presented below. (Assume all raw materials used were direct materials.) Enter all values without dollar signs. Direct materials used Blossom Company Value 1 - 73720 Direct labor Manufacturing overhead $45,600 37,200 Total manufacturing costs 156,520 Work in process inventory, 1/1/22 Value 2 = Total cost of work-in-process 177,200 Work in process inventory, 12/31/22 Value 3 = Cost of goods manufactured 144,220
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