Question

Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below.

Indicate the missing amount for each letter. Assume that in all cases manufacturing overhead is applied on the basis of direct labor cost and the rate is the same. (Round overhead rate to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 5,275.)

		Case A			Case B			Case C
Direct materials used		$	(a)		$86,200			$68,150
Direct labor		52,000			144,800				(h)
Manufacturing overhead applied		39,000				(d)			(i)
Total manufacturing costs		156,550				(e)		216,900
Work in process 1/1/17			(b)		23,100			18,400
Total cost of work in process		203,700				(f)			(j)
Work in process 12/31/17			(c)		15,400				(k)
Cost of goods manufactured		199,000				(g)		224,800

Answer 1

Answer:

		Case A		Case B		Case C
		Amount($)		Amount($)		Amount($)
A	Direct materials used	65,550	(a)	86,200		68,150
B	Direct labor	52,000		1,44,800		85,000	h
C	Manufacturing overhead applied	39,000		1,08,600	d	63,750	i
D=A+B+C	Total manufacturing costs	1,56,550		3,39,600	e	2,16,900
E	Work in process 1/1/17	47,150	b	23,100		18,400
F=D+E	Total cost of work in process	2,03,700		3,62,700	f	2,35,300	j
G	Work in process 12/31/17	4,700	c	15,400		10,500	k
I=F-G	Cost of goods manufactured	1,99,000		3,47,300	g	2,24,800

	Amount($)
a	65,550	156550-39000-52000
b	47,150	203700-156550
c	4,700	203700-199000
d	1,08,600	144800*(39000/52000)
e	3,39,600	86200+144800+108600
f	3,62,700	339600+23100
g	3,47,300	362700-15400
h	85,000	(216900-68150)/(1+39000/52000)
i	63,750	85000*(39000/52000)
j	2,35,300	216900+18400
k	10,500	235600-224800