Exercise 2-4 (Video)

Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below.

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.(Round overhead rate to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 5,275.)

Case A Case B

Direct materials ________ 88,300

Direct labor 52,000 150,200

Manufacturing overhead applied 33,800 _______

Total manufacturing costs 146,950 _______

Work in process _______ 20,000

Total cost of work in process 202,800 _______

Work in process _______ 12,200

Cost of goods manufactured 197,900 _______

(