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Connect Homepage - ACCT-2020-001 - Fundamentals of Acctil Assignment Help Saved Mulligan Manufacturing Company uses a job order cost system with overhead applied to products
Connect Homepage - ACCT-2020-001 - Fundamentals of Acctil Assignment Help Saved 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. (Hint: For the manufacturing costs in Case 3, first solve for conversion costs and then determine how much of that is direct labor and how much is manufacturing overhead) (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar. Enter all amounts as positive values.) Case 2 Case 1 18,000 17,000 Case 3 13,800 12,500 28,000 29,700 8,600 9,500 Direct material used Direct labor Manufacturing overhead applied Total current manufacturing costs Beginning work in process inventory Ending work in process inventory Cost of goods manufactured Beginning finished goods inventory Ending finished goods inventory Cost of goods sold 4,200 8,700 50,000 11,500 19,001 4,500 9,000 5,200 42,000 35,000
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