Mulligan Manufacturing Company uses a job order cost system with overhead applie

Question

Mulligan Manufacturing Company uses a job order cost system with overhead applied to products at a rate of 150 percent of direct labor cost. Required Treating each case independently, selected from the manufacturing data given below, find the missing amounts. You should do them in the order listed. (Hint: For the manufacturing costs in Case 3, first solve for conversion costs and then determine how much of that is direct labor and how much is manufacturing overhead.) (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar. Enter all amounts as positive values.) 0 Case 1 Case 2 Case 3 17,000 17,000 Direct material used Direct labor Manufacturing overhead applied Total current manufacturing costs Beginning work in process inventory Ending work in process inventory Cost of goods manufactured Beginning finished goods inventory Ending finished goods inventory 9,000 11,000 28,50029,100 8,800 4,500 7,600 9,400 44,000 10,900 8,001 4,000 7,000 36,000 8,900 37,000

Explanation / Answer

Fill the missing amount :

Case 1 Case 2 Case 3 Direct material used 17000 10167 9000 Direct labour 17000 11000*100/150 = 7333 20100*100/250 = 8040 Manufacturing overhead applied 17000*150% = 25500 11000 8040*150% = 12060 Total current manufacturing cost 59500 28500 29100 Beginning work in process inventory 8800 24900 7600 Ending work in process inventory 4500 9400 28699 Cost of goods manufactured 63800 44000 8001 Beginning finished goods inventory 4000 10900 34999 Ending finished goods inventory 8900 17900 7000 Cost of goods sold 58900 37000 36000

Related Questions

Navigate

• Browse (All)
• Browse M
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.