Question: E 2 - 6 ( Algo ) Finding Unknown Values in the Cost of Goods Manufactured Report [ LO 2 - 3 , 2 -

E2-6(Algo) Finding Unknown Values in the Cost of Goods Manufactured Report [LO 2-3,2-6] E2-6(Algo) Finding Unknown Values in the Cost of Goods Manufactured Report [LO 2-3,2-6]
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.
Answer is not complete.
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.
\table[[,Case 1,Case 2,Case 3],[Direct materials used,17,000,14,500,14,400],[Direct labor,20,000,7,333,7,400],[Manufacturing overhead applied,30,000,11,000,11,100],[Total current manufacturing costs,67,000,26,000,29,400],[Beginning work in process inventory,9,300,,8,100],[Ending work in process inventory,4,500,9,900,],[Cost of goods manufactured,71,800,46,000,21,001],[Beginning finished goods inventory,3,700,11,700,],[Ending finished goods inventory,7,800,46,000,6,300],[Cost of goods sold,67,700,39,000,35,000]]
 E2-6(Algo) Finding Unknown Values in the Cost of Goods Manufactured Report

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