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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
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.) Note: Do not round your intermediate calculations. Round your final answers to the nearest whole dollar. Enter all amounts as positive values. Direct materials used Direct labor Case 1 19,000 Case 2 Case 3 10,500 19,000 Manufacturing overhead applied 11,000 Total current manufacturing costs 26.500 29,400 Beginning work in process inventory 9.300 8.100 Ending work in process inventory 4,100 8,500 Cost of goods manufactured 41,000 18.001 Beginning finished goods inventory 4,900 10.100 Ending finished goods inventory 8,600 5,400 Cost of goods sold 35,000 40,000
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