Cost of Goods Manufactured for a Manufacturing CompanyTwo items are omitted from each of the following three lists of cost of goods manufactured statement data. Determine the amounts of the missing items, identifying them by letter.Work in process inventory, August 1$19,660 $41,650 (e)Total manufacturing costs incurred during August332,750 (c) 1,075,000Total manufacturing costs(a) $515,770 $1,240,000Work in process inventory, August 3123,500 54,000 (f)Cost of goods manufactured(b) (d) $1,068,000a.$fill in the blank 1b.$fill in the blank 2c.$fill in the blank 3d.$fill in the blank 4e.$fill in the blank 5f.$fill in the blank 6

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Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter1: Introduction To Managerial Accounting

Section: Chapter Questions

Problem 4PA: Manufacturing income statement, statement of cost of goods manufactured Several items are omitted...

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Cost of Goods Manufactured for a Manufacturing Company

Two items are omitted from each of the following three lists of cost of goods manufactured statement data. Determine the amounts of the 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