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.
|
|
Case 1 |
Case 2 |
Case 3 |
| Direct material used |
17,000 |
|
10,500 |
| Direct labor |
16,000 |
|
|
| Manufacturing overhead applied |
|
13,000 |
|
| Total current manufacturing costs |
|
27,000 |
33,000 |
| Beginning work in process inventory |
8,400 |
|
7,700 |
| Ending work in process inventory |
4,400 |
8,400 |
|
| Cost of goods manufactured |
|
45,000 |
3,001 |
| Beginning finished goods inventory |
3,500 |
10,200 |
|
| Ending finished goods inventory |
7,200 |
|
6,700 |
| Cost of goods sold |
|
39,000 |
38,000 |
|