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 O decimal places, e.g. 5,275.) Case A Case B Case C Direct materials used (a) $86,200 $69,650 Direct labor 58,000 149,400 (n) Manufacturing overhead applied 34,800 (d) (0) Total manufacturing costs 153,850 224,850 Work in process 1/1/17 (b) 17,500 19,000 Total cost of work in process 209,600 Work in process 12/31/17 (c) 14,100 Cost of goods manufactured 196,800 (9) 232,900

Answer 1

Case C 69650 Direct materials used Case A 61050 58000l 34800 Case B 86200 149400 89640 97000 58200 Direct labor Manufacturing overhead applies Total manufacturing costs Work in process 1/1/17 Total cost of work in process Work in process 12/31/17 Cost of goods manufactured 153850 55750 209600 12800 196800 325240 17500 342740 14100 328640 224850 19000 243850 109501 232900