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 used (a) $88,300 $ Direct labor 52,000 150,200 Manufacturing overhead applied 33,800 (d) Total manufacturing costs 146,950 (e) Work in process 1/1/20 (b) 20,000 Total cost of work in process 202,800 (f) Work in process 12/31/20 (c) 12,200 Cost of goods manufactured 197,900 (9) Click if you would like to Show Work for this question: Open Show Work ITNV TO TEYT ITNV TO TEYT TA QUILLO CUCNOLO Exercise 3-3 (Video) The ledger of American Company has the following work in process account. ? 5/1 5/31 5/31 5/31 Work in Process-Painting Balance 3,890 5/31 Transferred out Materials 5,320 Labor 3,018 Overhead 1,380 5/31 Balance ? Production records show that there were 400 units in the beginning inventory, 30% complete, 1,700 units started, and 1,400 units transferred out. The beginning work in process had materials cost of $2,240 and conversion costs of $1,650. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process. How many units are in process at May 31? Work in process, May 31 units What is the unit materials cost for May? (Round unit cost to 2 decimal places, e.g. 2.25.) The unit materials cost for May LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE What is the unit conversion cost for May? (Round unit cost to 2 decimal places, e.g. 2.25.) The unit conversion cost for May LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE What is the total cost of units transferred out in May? The total cost of units transferred out in May What is the total cost of units transferred out in May? The total cost of units transferred out in May LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE What is the cost of the May 31 inventory? Work in process Click if you would like to Show Work for this question: Open Show Work