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. Direct materials used Direct labor Manufacturing overhead applied Total current manufacturing costs Beginning work in process inventory Ending work in process inventory Cost of goods manufactured Case 1 16,000 19,000 9,400 4,100 Case 2 10,000 26,000 9,300 43.000 Case 3 10,800 32,400 8,000 28 001

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter6: Process Cost Accounting—additional Procedures; Accounting For Joint Products And By-products
Section: Chapter Questions
Problem 3E: The following data appeared in the accounting records of Craig Manufacturing Inc., which uses the...
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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.
Direct materials used
Direct labor
Manufacturing overhead applied
Total current manufacturing costs
Beginning work in process inventory
Ending work in process inventory
Cost of goods manufactured
Beginning finished goods inventory
Ending finished goods inventory
Cost of goods sold
Case 1
16,000
19,000
9,400
4,100
4,600
8,400
Case 2
10,000
26,000
9,300
43,000
11,900
39,000
Case 3
10,800
32,400
8,000
28,001
5,700
35,000
Transcribed Image Text: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. Direct materials used Direct labor Manufacturing overhead applied Total current manufacturing costs Beginning work in process inventory Ending work in process inventory Cost of goods manufactured Beginning finished goods inventory Ending finished goods inventory Cost of goods sold Case 1 16,000 19,000 9,400 4,100 4,600 8,400 Case 2 10,000 26,000 9,300 43,000 11,900 39,000 Case 3 10,800 32,400 8,000 28,001 5,700 35,000
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