15-4) Calculate missing amount
Case A | Case B | Case C | |
Direct material used | a) 41650 | 89500 | 65450 |
Direct labor | 60000 | 142400 | h) 86000 |
Manufacturing overhead | 45000 | d) 106800 | i) 64500 |
Total manufacturing cost | 146650 | e) 338700 | 215950 |
Work in process 1/1/17 | b) 61350 | 16100 | 18600 |
Total Cost of work in process | 208000 | f) 354800 | j) 234550 |
Work in process, 12/31/17 | c) 14500 | 16900 | k) 4350 |
Cost of goods manufactured | 193500 | g) 337900 | 230200 |
Overhead rate = 45000/60000 = 75% of direct labor cost
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