E2-6 Finding Unknown Values in the Cost of Goods Manufactured Report [LO 2-3, 2-6]

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 1	Case 2	Case 3
Direct material used	14,000		12,000
Direct labor	13,000
Manufacturing overhead applied		11,500
Total current manufacturing costs		28,000	30,000
Beginning work in process inventory	8,400		7,900
Ending work in process inventory	5,400	8,300
Cost of goods manufactured		47,000	24,001
Beginning finished goods inventory	3,700	11,700
Ending finished goods inventory	7,800		6,700
Cost of goods sold		38,000	41,000