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	17,000		9,600
direct labor	20,000
manufacturing overhead applied		10,000
total current manufacturing costs		24,500	32,700
beginning finished work in process inventory	9,200		8,500
ending work in process inventory	5,300	9,400
cost of goods manufactured		41,000	1,001
beginning finished goods inventory	4,300	11,400
ending finished goods inventory	7,800		5,300
cost of goods sold		36,000	36,000