Flow of manufacturing costs
The "flow" of manufacturing costs through the ledger of MF Enterprise.Co.during the month of August is summarized in the following T accounts.Certain amounts have been omitted and are represented by question marks. From the data supplied above,determine each of the following amounts.Some of the required amounts already appear in the T accounts; others require a short computation.
(a)The amount of direct materials purchased during the month: $________
(b)The amount of direct labor cost assigned to production: $___________
(c)The amount of accrued wages payable to direct labor workers at August 31: $___________
(d)The cost of finished goods manufactured during the month: $___________
(e)The cost of goods sold during the month: $___________

Question

Flow of manufacturing costs
The "flow" of manufacturing costs through the ledger of MF Enterprise.Co.during the month of August is summarized in the following T accounts.Certain amounts have been omitted and are represented by question marks.  From the data supplied above,determine each of the following amounts.Some of the required amounts already appear in the T accounts; others require a short computation.
(a)The amount of direct materials purchased during the month: $________
(b)The amount of direct labor cost assigned to production: $___________
(c)The amount of accrued wages payable to direct labor workers at August 31: $___________
(d)The cost of finished goods manufactured during the month: $___________
(e)The cost of goods sold during the month: $___________

Quizplus · Accepted Answer

The Answer of Flow of manufacturing costs
The "flow" of manufacturing costs through the ledger of MF Enterprise.Co.during the month of August is summarized in the following T accounts.Certain amounts have been omitted and are represented by question marks.  From the data supplied above,determine each of the following amounts.Some of the required amounts already appear in the T accounts; others require a short computation.
(a)The amount of direct materials purchased during the month: $________
(b)The amount of direct labor cost assigned to production: $___________
(c)The amount of accrued wages payable to direct labor workers at August 31: $___________
(d)The cost of finished goods manufactured during the month: $___________
(e)The cost of goods sold during the month: $___________

Flow of Manufacturing Costs