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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.

Case 1 Case 2 Case 3
Direct material used 15,000 14,100
Direct labor 18,000
Manufacturing overhead applied 11,500
Total current manufacturing costs 27,500 28,500
Beginning work in process inventory 9,900 8,000
Ending work in process inventory 5,900 9,900
Cost of goods manufactured 44,000 26,001
Beginning finished goods inventory 4,700 12,000
Ending finished goods inventory 7,600 6,200
Cost of goods sold 41,000 36,000

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.)

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