Question

Mullgan Manfacturing Company uses a job order cost systom with overhcad applicd to products at a rate of 150 percent of direct labor cost Treating cach casc incepentenly sclected from the manutacturinp data gven bekw, tnd the missing amounts You should da them in the order isted. (Hwt For the manafactag costs minh s "aiatichrvigaverten1J 〔Do not round your intarmediata calculations. Round your hnal answvars to the ngarast whole dollar. Entar all armounts as postrva values.) Case 3, first sove for canverson 005t5 and thaa determine how much that s dvet aogr and how 14,000 13,000 9,900 Diret aterial ued Direat Isbor Manstechuring overead appled Intal curmrt Daginning work in prccass Invanty Ercing work in proeess inventory Cot of goods merufectured Begin"ing İrished uuuds inventury Ending linaed good imventory Coet or goods snkd 0,200 0,G00 5,600 0,400 46,000 11,400 24,001 4,000 8,500 7,000 .000 39 000

Answer 1

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	Case 1			Case 2			Case 3
	Working	$		Working	$		Working	$
Direct Material	Given	$ 14,000		23000-10500-7000	$    5,500		Given	$    9,900
Direct Labor	Given	$ 19,000		10500/150%	$    7,000		(30600-9900)/(150+100)%	$    8,280
Manufacturing Overhead Applied	150% of 19000	$ 28,500		Given	$ 10,500		8280*150%	$ 12,420
Total Current Manufacturing Cost	14000+19000+28500	$ 61,500		Given	$ 23,000		Given	$ 30,600
Beginning Work in process inventory	Given	$    9,200		46000-23000+8400	$ 31,400		Given	$    9,500
Ending Work in process inventory	Given	$    5,600		Given	$    8,400		24001-30600-9500	$ 16,099
Cost of Goods Manufactured	61500+9200-5600	$ 65,100		Given	$ 46,000		Given	$ 24,001
Beginning Finished Goods Inventory	Given	$    4,000		Given	$ 11,400		40000-24001+7000	$ 22,999
Ending Finished Goods Inventory	Given	$    8,500		39000-46000-11400	$ 18,400		Given	$    7,000
Cost of Goods Sold	65100+4000-8500	$ 60,600		Given	$ 39,000		Given	$ 40,000