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, es, 15 25 and final answers to decimal places, eg5.275.) Case B $93.900 Direct materials used 52.000 147.700 Direct labor 33.800 Manufacturing overhead applied 146,650 Total manufacturing costs Work in process 1/1/20 Total cost of work in process 203 200 Work in process 12/31/20 194.300

Answer 1

		Case A	Case B
	Direct materials used	60,850	93,900
	Direct labor	52,000	147,700
	Manufacturing overhead applied	33,800	96,005
	Total manufacturing costs	146,650	337,605
	Work in process 1/1/20	56,550	19,500
	Total cost of work in process	203,200	357,105
	Work in process 12/31/20	8,900	16,700
	Total goods manufactured	194,300	340,405
	Working
(a)	Direct materials used = Total manufacturing costs - Manufacturing overhead applied - Direct labor
	Direct materials used = $146,650 - $33,800 - $52,00
	Direct materials used = $60,850
(b)	Work in process 1/1/20 = Total cost of work in process - Total manufacturing costs
	Work in process 1/1/20 = $203,200 - $146,650
	Work in process 1/1/20 = $56,550
(c)	Work in process 12/31/20 = Total cost of work in process - Total goods manufactured
	Work in process 12/31/20 = $203,200 - $194,300
	Work in process 12/31/20 = $8,900
(d)	Manufacturing overhead applied (case B) = $33,800 x $147,700/52,000 =
(e)	Total manufacturing costs = Direct materials used + Direct labor + Manufacturing overhead applied
(f)	Total cost of work in process = Total manufacturing costs + Work in process 1/1/20
(g)	Total goods manufactured = Total cost of work in process - Work in process 31/12/20