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Deer Lake Inc. uses a job order costing system with manufacturing overhead applied to products at a rate of 150% of direct labor cost. Treating
Deer Lake Inc. uses a job order costing system with manufacturing overhead applied to products at a rate of 150% of direct labor cost. Treating each case independently, find the missing amounts (Input all amounts as positive values.):
Deer Lake nc. uses a job order costing system with manufacturing overhead appled to products at a rate o amounts as positive values.) 50% o direct labor cost. Treating each case independently find the missing amounts put all Case 1 $ 20,000 $ 25,000 Case 2 Case 3 Direct materials used Direct labor Manufacturing overhead applied Total manufacturing costs Beginning Work in Process Ending Work in process Cost of goods manufactured Beginning Finished Goods Ending Finished Goods Cost of goods sold (unadjusted) $10,000 $ 45,000 500035,000 $ 10,000 6,000 $ 8,00010,000 $ 93,00036,000 $ 12,00012,000 $ 15,500 4,000 $ 91,000 37,000Step by Step Solution
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