Managerial Accounting

Incomplete manufacturing cost data for Horizon Company for 2020 are presented as follows for four different situations.

Instructions

  1. Indicate the missing amount for each letter.
  2. Prepare a condensed cost of goods manufactured schedule for situation (1) for the year ended December 31, 2020.

Solution

a.
Calculation for the missing letters
 
b.
Horizon Company
Schedule of Cost of goods manufactured schedule
For the Month Ended December 31, 2020
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