E2-4B Manufacturing cost data for Olsen Company, which uses a job order cost system, are presented below. Case A Case B Case C Direct materials used $ (a) $ 78,000 $ 72,600 Direct labor 50,000 120,000 (h) Manufacturing overhead applied 37,500 (d) (i) Total manufacturing costs 135,650 (e) 212,600 Work in process 1/1/14 (b) 15,500 25,050 Total cost of work in process 213,300 (f) (j) Work in process 12/31/14 (c) 11,800 (k) Cost of goods manufactured 193,200 (g) 222,000 Instructions Indicate the missing amount for each letter. Assume that in all cases manufacturing over- head is applied on the basis of direct labor cost and the rate is the sam

2 chapter 2 Job Order Costing Analyze costs of manufacturing and determine missing amounts. (LO2,5) E2-4B Manufacturing cost data for Olsen Company, which uses a job order cost system, are presented below. Instructions 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