round overhead rate to 2 decimal places

Exercise 20-04 Manufacturing cost data for Cullumber 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 Case A Case B Direct materials used $ (a) $89,500 Direct labor Manufacturing overhead applied 60,000 45,000 142.400 (d) Total manufacturing costs 146,650 (e) Work in process 1/1/20 (b) 16,100 Total cost of work in process 208,000 (1) Work in process 12/31/20 (c) 16,900 Cost of goods manufactured 193,500 (9)