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.) Case 2 Case 1 19,000 12,000 Case 3 10,500 Direct material used Direct labor 12,500 27,500 31,800 7,500 8,200 6,000 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 Cost of goods sold 8,300 50,000 10,100 4,001 3,400 7,900 5,600 33,000 40,000

Answer 1

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	Case 1	Case 2	Case 3
Direct material used	$           19,000	$             6,667	$           10,500
Direct Labor	$           12,000	$             8,333	$             8,520
Manufacturing overhead applied	$           18,000	$           12,500	$           12,780
Total current manufacturing cost	$           49,000	$           27,500	$           31,800
Beginning work in process	$             8,200	$           30,800	$             7,500
Ending work in process	$             6,000	$             8,300	$           35,299
Cost of goods manufactured	$           51,200	$           50,000	$             4,001
Beginning finished goods	$             3,400	$           10,100	$           34,599
Ending finished goods	$             7,900	$           20,100	$             5,600
Cost of goods sold	$           46,700	$           40,000	$           33,000

1 2 Direct material used 3 Direct Labor 4 Manufaturing overhead applied 5 Total current manufacturing cost 6 Beginning work in process 7 Ending work in process 8 Cost of goods manufactured 9 Beginning finished goods 10 Ending finished goods 11 Cost of goods sold 12 Case 1 Case 2 Case 3 19000 =C5-04-03 10500 12000 =C4/1.5 =(D5-D2)/2.5*1 =B3*1.5 12500 =(D5-D2)/2.5*1.5 =B2+B3+B4 27500 31800 8200 =C8+C7-C5 7500 6000 8300 =D5+D6-D8 =B5+B6-B7 50000 4001 3400 10100 =D11+D10-D8 7900 =C8+C9-C11 5600 =B8+B9-B10 40000 33000