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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:
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 19,000 Direct material used 12,000 Direct labor 15,000 Manufacturing overhead applied 11,000 28,000 31,200 Total current manufacturing costs Beginning work in process inventory 7,700 8,200 Ending work in process inventory 5,000 8,300 43,000 Cost of goods manufactured 25,001 Beginning finished goods inventory 11,600 3,900 Ending finished goods inventory 6,200 8,500 Cost of goods sold 39,000 42,000
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