Question
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
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.)
Time remaining: 1:1115 3.00 points E2-6 Finding Unknown Values in the Cost of Goods Manufactured Report [LO 2-3, 2-6] Mulligan Manufacturing Company uses a job order ccst systerm wth averhead applied to products at a rate of 150 percent of direct labor cast Required: Treating each case independendy, selected from the manufacturing data given below, find the missing amounts. You should do them in the order listed. ntFor lhe menufsrtuning costs in Case3 rst sove for conversion costs and then determine how much of thet is direct lator and how much is menufacturing ovsrhesd)(Do not round your inbenmediate ealculations. Round your final answers to the nearest whale dollar. Enter all amounts as positive values.) 13,200 Cirect labor Manufacturing overhead applied Tobal curant mandacring coals Boginnina wo in process ineenbery Ending wotk in proceas imaor Cost ef gcods manufactured Baginning finshad goods inwnlory 27,000 12,000 9,703 S,200 33,020 Cost el goods soldStep by Step Solution
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