Manufacturing coat data for Orlando Company, which uses ajeb order cost system,

Question

Manufacturing coat data for Orlando Company, which uses ajeb order cost system, are presentad below Indicate the missing amount for each ia ter. Assurna that in all cases mar act ng over ead is applied on the basis of d act labor cost and th rata is th sama. Round owns ad rate to 2 decimal laces e i5 25 and inal answers to 0 decimal places, e 9-5,275. Case C 92,500 Direct labor Manufacturing overhead applied Total manufacturing costs Work in proces 1/1/17 Total cost of work in proces Work in procass 12/31/17 Coat of goods manufacturad Click if you would like to Show Work for this question: 34,000 230,130 211,300 0) 16,200 Opan shaw Wors

Explanation / Answer

Ovlando Company Case A Case B Case C Direct Material used=(A) 58150 (a) 92500 65650 Direct Labor=(B) 54000 143200 94000 (h) Manufacturing Overhead applied=(C ) 40500 107400 (d ) 70500 (i) Total Manufacturing Cost=(D)=(A)+(B)+(C ) 152650 343100 (e ) 230150 WIP 1/1/2017=(E ) 58650 (b) 17500 18100 Total Cost of WIP=(F )=(D )+(E ) 211300 360600 (f) 248250 (j) Less:WIP 31/12/2017=(G ) 13400 (c ) 16200 18450 (K) Cost of goods manufactured=(F )-(G ) 197900 344400 (g) 229800 Working a) ($152650-$40500-$54000) b) ($211300-$152650) C ) ($211300-$197900) d) As Per Case A Manufacturing Overhead applied to direct labor cost rate=($40500/$54000) 75.00% Case B Manufacturing Overhead applied=($143200*75%) $ 1,07,400.00 e) ($92500+$143200+$107400) f) ($343100+$17500) g) ($360600-$16200) h) Assume Direct Labor in Case C=X Manufacturing Overhead=.75X X+.75X=($230150-$65650) 1.75X=$164500 X=($164500/1.75) $     94,000.00 Direct Labor=$94000 (i) Manufacturing Overhead=($94000*.75) $     70,500.00 J) ($230150+$18100) (K) ($248250-$18450)

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