Exercise 14-11 a-b (Part Level Submission) Incomplete manufacturing cost data for Sheffield Company for 2020 are presented as follows for four different situations. Collapse question part (a) Indicate the missing amount for each letter. Direct Materials Used Direct Labor Used Manufacturing Overhead Total Manufacturing Costs Work in Process 1/1 Work in Process 12/31 Cost of Goods Manufactured (1) $120,000 $143,100 $89,400 $ (a) $36,000 $ (b) $361,400 (2) (c) 202,600 135,800 453,100 (d) 42,700 472,900 (3) 83,900 104,500 (e) 268,300 62,500 83,900 (f) (4) 72,000 (g) 78,200 291,200 46,600 (h) 271,600

Exercise 2-12 cost behavior; high-low method [lo2-3, lo2-4] speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the company’s cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. if a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. required: 1.& 2. using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (round the "variable cost per mile" to 3 decimal places.)