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Business, 08.02.2022 03:10 winterblanco
Mulligan manufacturing Q: 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
Direct Material used
12,000
f
15,000
Direct labor
25,000
e
i
Manufacturing overhead applied
a
18,000
j
Total current manufacturing costs
b
45,000
35,000
Beginning work in process inventory
10,00
g
9000
Ending work in process inventory
12,000
7,000
k
Cost of goods manufactured
c
46,000
32,000
Beginning finished goods inventory
15,000
10,000
L
Ending finished goods inventory
12,000
h
6,000
Cost of goods sold
d
48,000
34,000
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