Question

I need a little help answering the red areas within the picture listed below, please:

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 overh 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 53150 (a) Direct materials usedi $83,000 $63,150 Direct labor 74925 (h) 50,000 140,000 Manufacturing overhead applied (d) 42,500 74925 i) Total manufacturing costs (e) 145,650 213,000 Work in process 1/1/17 18,000 15,500 55850 (b) Total cost of work in process (f) 231000 201,500 Work in process 12/31/17 11,800 9000 (k) 9200 (c) Cost of goods manufactured 192,300 (g) 222,000

Answer 1

Direct Material used Direct Labor Manufacturing overhead applied Total Manufacturing costs Work in process 1/1/17 Total cost of work in process Work in process 12/31/17 Cost of goods Manufactured Case A 53150 50000 42500 145650 55850 201500 9200 192300 Case B 83000 140000 119000 3420001 15500 357500 11800 345700 Case C 63150 81000 68850 213000 18000 231000) 9000 222000