Name ACCT 232 - Ch19 & 20 Homework Due At beginning of class on Wed 3/30 Chapter 19 - Job Order Costing 1 Marcaturing cost data for Orlando Company, which uses a job order cost system are presented below Indicate the missing amount for each fetter. Assume that in acestuing overhead is appled on the bass of red baber cost and the nates the same for everneed rate to 7 decimal places and fina/answers to decimal places ec. 5.275.) Casa $88,000 Direct materials used ( 556,650 58.000 150,700 46.400 (d) 147,950 ( 210,650 Direct labor Maracturing overhead pled Total manufacturing costs Work in process 1/17 Total cost of work in process Work in process 12/31/17 Cost of goods manufactured (b) 18,300 18.700 204,800 (1) 13,400 193,500 (0) 224,800 #2 A job cost sheet of Sandoval Company is given below. Job Cost Sheet JORNO 19 Quan LERO ITER WILLORCA Doute FOR Date Camed Direct Direct Hamadun DATA Materials Lator Overhead 7/10 720 12 921 15 S06 709 22 301 461 24 1,700 22 1.510 31 520 620 Cost completed job Direct materials Direct labor Manufacturing overhead Total cost Unit cost Ch 20 - Process Costing #3 Identify which costing system-job order or process cost-the following companies would primarily use: () Quaker Oats. (b) Jif Peanut Butter. (c) Gulf Craft Chixury yachts), and (d) Warner Bros. Motion Pictures, Your answers: (a) (b) (c) (d) Practice #1 For 2,000 Units Manufacturing Overhead 4.200 6.375 A job order cost sheet for Michaels Company is shown below Job No. 92 Date Direct Materials Direct Labor Beg bal Jan 3.925 6,000 6,000 12 3.500 25 2,000 27 4,000 11,925 18,500 Cost of completed job: Direct materials Direct labor Manufacturing overhead 3.000 13,575 Total cost $ 22.00 Unit cost ($ Practice #2 Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below Case A Case B Case C Direct materials used S $ 83,000 $ 63,150 Direct labor 50,000 140,000 ch) Manufacturing overhead applied 42.500 (d) 0 Total manufacturing costs 145,650 (e) 213.000 Work in process 1117 (b) 15,500 18.000 Total cost of work in process 201.500 0 Work in process 12 31/17 11,800 (k) Cost of goods manufactured 192.300 222,000 lastructions 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 Name ACCT 232 - Ch19 & 20 Homework Due At beginning of class on Wed 3/30 Chapter 19 - Job Order Costing 1 Marcaturing cost data for Orlando Company, which uses a job order cost system are presented below Indicate the missing amount for each fetter. Assume that in acestuing overhead is appled on the bass of red baber cost and the nates the same for everneed rate to 7 decimal places and fina/answers to decimal places ec. 5.275.) Casa $88,000 Direct materials used ( 556,650 58.000 150,700 46.400 (d) 147,950 ( 210,650 Direct labor Maracturing overhead pled Total manufacturing costs Work in process 1/17 Total cost of work in process Work in process 12/31/17 Cost of goods manufactured (b) 18,300 18.700 204,800 (1) 13,400 193,500 (0) 224,800 #2 A job cost sheet of Sandoval Company is given below. Job Cost Sheet JORNO 19 Quan LERO ITER WILLORCA Doute FOR Date Camed Direct Direct Hamadun DATA Materials Lator Overhead 7/10 720 12 921 15 S06 709 22 301 461 24 1,700 22 1.510 31 520 620 Cost completed job Direct materials Direct labor Manufacturing overhead Total cost Unit cost Ch 20 - Process Costing #3 Identify which costing system-job order or process cost-the following companies would primarily use: () Quaker Oats. (b) Jif Peanut Butter. (c) Gulf Craft Chixury yachts), and (d) Warner Bros. Motion Pictures, Your answers: (a) (b) (c) (d) Practice #1 For 2,000 Units Manufacturing Overhead 4.200 6.375 A job order cost sheet for Michaels Company is shown below Job No. 92 Date Direct Materials Direct Labor Beg bal Jan 3.925 6,000 6,000 12 3.500 25 2,000 27 4,000 11,925 18,500 Cost of completed job: Direct materials Direct labor Manufacturing overhead 3.000 13,575 Total cost $ 22.00 Unit cost ($ Practice #2 Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below Case A Case B Case C Direct materials used S $ 83,000 $ 63,150 Direct labor 50,000 140,000 ch) Manufacturing overhead applied 42.500 (d) 0 Total manufacturing costs 145,650 (e) 213.000 Work in process 1117 (b) 15,500 18.000 Total cost of work in process 201.500 0 Work in process 12 31/17 11,800 (k) Cost of goods manufactured 192.300 222,000 lastructions 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