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 0 decimal
places, e.g. 5,275.)
Case A |
Case B |
||||||
---|---|---|---|---|---|---|---|
Direct materials used | $enter a dollar amount | (a) | $88,000 | ||||
Direct labor | 58,000 | 150,700 | |||||
Manufacturing overhead applied | 46,400 | enter a dollar amount | (d) | ||||
Total manufacturing costs | 147,950 | enter a dollar amount | (e) | ||||
Work in process 1/1/20 | enter a dollar amount | (b) | 18,300 | ||||
Total cost of work in process | 204,800 | enter a dollar amount | (f) | ||||
Work in process 12/31/20 | enter a dollar amount | (c) | 13,400 | ||||
Cost of goods manufactured | 193,500 | enter a dollar amount | (g) |
Amount $ | ||
Case A | Case B | |
Direct materials used | 43,550 | 88,000 |
Direct labor | 58,000 | 150,700 |
Manufacturing overhead applied | 46,400 | 120,560 |
Total manufacturing costs | 147,950 | 359,260 |
Work in process 1/1/20 | 56,850 | 18,300 |
Total cost of work in process | 204,800 | 377,560 |
Work in process 12/31/20 | 11,300 | 13,400 |
Cost of goods manufactured | 193,500 | 364,160 |
Working: | ||
a.) | 43,550 | =147950-58000-46400 |
b.) | 56,850 | =204800-147950 |
c.) | 11,300 | =204800-193500 |
Manufacturing overhead rate | 80.00% | =46400/58000 |
d.) | 120,560 | =150700*80.00% |
e.) | 359,260 | =88000+150700+120560 |
f.) | 377,560 | =359260+18300 |
g.) | 364,160 | =377560-13400 |
Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below....
Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below Indicate fie 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. overhead rate to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 5,275.) Case A Case C Direct materials used Direct labor Manufacturing overhead applied $88,000 $66,650 8,000 46,400 147,950 150,700...
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 0 decimal places, e.g. 5,275.) Case A Case B Direct materials used $ (a) $88,000 Direct labor 58,000 150,700 Manufacturing overhead applied...
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 0 decimal places, e.g. 5,275.) Case A Case B Direct materials used $ (a) $88,000 Direct labor 58,000 150,700 Manufacturing overhead applied...
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 0 decimal places, e.g. 5,275.) Case A Case B Direct materials used $enter a dollar amount (a) $90,100 Direct labor 60,000 146,100...
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 0 decimal places, e.g. 5,275.) Case A Case B Direct materials used $enter a dollar amount (a) $87,700 Direct labor 52,000 147,400...
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 0 decimal places, e.g. 5,275.) Case A Case B Direct materials used $enter a dollar amount (a) $87,700 Direct labor 52,000 147,400...
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 0 decimal places, e.g. 5,275.) Case A Case B Case C Direct materials used $enter a dollar amount (a) $91,700 $69,550 Direct...
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 Direct materials used $93,600 Direct labor 54,000 146,500 Manufacturing overhead applied 32,400 Total...
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 Direct materials used $ 69150 (a) $84,200 Direct labor 50,000 145,200 Manufacturing overhead...
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 0 decimal places, e.g. 5,275.) Case A Case B Direct materials used $84,200 Direct labor 50,000 145,200 Manufacturing overhead applied 30,000 Total...