Manufacturing cost data for Orlando 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 overhead rate to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 5,275.) Case A Case B Direct materials used $enter a dollar amount rounded to 0 decimal places (a) $83,000 Direct labor 50,000 140,000 Manufacturing overhead applied 42,500 enter a dollar amount rounded to 0 decimal places (d) Total manufacturing costs 145,650 enter a dollar amount rounded to 0 decimal places (e) Work in process 1/1/20 enter a dollar amount rounded to 0 decimal places (b) 15,500 Total cost of work in process 201,500 enter a dollar amount rounded to 0 decimal places (f) Work in process 12/31/20 enter a dollar amount rounded to 0 decimal places (c) 11,800 Cost of goods manufactured 192,300 enter a dollar amount rounded to 0 decimal places (g) O Chapter 15 HomeworkO NWP Assessment Player UI Appli xb My Questions | bartlebyx +A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=a11bf2e5-0b29-4dec-aef9-3fcc594cf009#/question/12v Paused+ Chapter 15 HomeworkQuestion 13 of 15< >-/1 EView PoliciesCurrent Attempt in ProgressManufacturing cost data for Orlando 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 costand the rate is the same. (Round overhead rate to 2 decimal places, eg. 15.25 and final answers to O decimal places, e.g. 5,275.)Case ACase BDirect materials used24(a)$83,000Direct labor50,000140,000Manufacturing overhead applied42,500(d)Total manufacturing costs145,650(e)Work in process 1/1/20(b)15,500Total cost of work in process201,500(f)Work in process 12/31/20(c)11.800Cost of goods manufactured192,300(g)eTextbook and MediaAttempts: unlimited Submit AnswerSave for Later

Cost of Goods Manufactured is a word utilized in management accounting to describe a statement that…

Manufacturing cost data for Orlando 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 overhead rate to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 5,275.) Case A Case B Direct materials used $enter a dollar amount rounded to 0 decimal places (a) $83,000 Direct labor 50,000 140,000 Manufacturing overhead applied 42,500 enter a dollar amount rounded to 0 decimal places (d) Total manufacturing costs 145,650 enter a dollar amount rounded to 0 decimal places (e) Work in process 1/1/20 enter a dollar amount rounded to 0 decimal places (b) 15,500 Total cost of work in process 201,500 enter a dollar amount rounded to 0 decimal places (f) Work in process 12/31/20 enter a dollar amount rounded to 0 decimal places (c) 11,800 Cost of goods manufactured 192,300 enter a dollar amount rounded to 0 decimal places

Manufacturing cost data for Orlando 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 overhead rate to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 5,275.) Case A Case B Direct materials used $enter a dollar amount rounded to 0 decimal places (a) $83,000 Direct labor 50,000 140,000 Manufacturing overhead applied 42,500 enter a dollar amount rounded to 0 decimal places (d) Total manufacturing costs 145,650 enter a dollar amount rounded to 0 decimal places (e) Work in process 1/1/20 enter a dollar amount rounded to 0 decimal places (b) 15,500 Total cost of work in process 201,500 enter a dollar amount rounded to 0 decimal places (f) Work in process 12/31/20 enter a dollar amount rounded to 0 decimal places (c) 11,800 Cost of goods manufactured 192,300 enter a dollar amount rounded to 0 decimal places

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter2: Working With The Tax Law

Section: Chapter Questions

Problem 3RP

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	Case A		Case B
Direct materials used	$enter a dollar amount rounded to 0 decimal places	(a)		$83,000
Direct labor	50,000			140,000
Manufacturing overhead applied	42,500			enter a dollar amount rounded to 0 decimal places	(d)
Total manufacturing costs	145,650			enter a dollar amount rounded to 0 decimal places	(e)
Work in process 1/1/20	enter a dollar amount rounded to 0 decimal places	(b)		15,500
Total cost of work in process	201,500			enter a dollar amount rounded to 0 decimal places	(f)
Work in process 12/31/20	enter a dollar amount rounded to 0 decimal places	(c)		11,800
Cost of goods manufactured	192,300			enter a dollar amount rounded to 0 decimal places	(g)