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Exercise 2-4 (Video) Manufacturing cost data for Orlando Company, which uses a Indicate the missing amount for each letter. A
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Answer #1

(a) Direct Material used = $146950-52000-41600 = $53350

(b) Work in process 1/1/20 = $203700-146950 = $56750

(c) Work in process 12/31/20 = $203700-196800 = $6900

(d) Manufacturing overhead applied = $41600 / 52000 x 147400 = $117920

(e) Total Manufacturing costs = $87700+147400+117920 = $353020

(f) Total Cost of Work in process = $353020+25100 = $378120

(g) Cost of Goods manufactured = $378120-15500 = $362620

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