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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.) (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar. Enter all amounts as positive values.) Answer is not complete. Case 1 Case 2 Case 3 Direct material used Direct labor 13,000 15,750 13,800 13,000 15,750 Manufacturing overhead applied 19,500 10,500 Total current manufacturing costs 45,500 26,500 30,900 Beginning work in process inventory 9,600 24,600 8,200 Ending work in process inventory 5,000 8,100 Cost of goods manufactured 50,100 43,600 29,001 Beginning finished goods inventory 4,300 11,800 Ending finished goods inventory 7,300 17,800 6,100 Cost of goods sold 47,100 37,000 34,000
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