Nashville Inc. uses a job order costing system with manufacturing overhead applied to products at a rate of 200% of direct labor cost. Treating each case independently, find the missing amounts (Input all amounts as positive values.): Case 1 Case 2 Case 3 Direct materials used $ 52,000 Direct labor $ 52,000 $ 62,000 Manufacturing overhead applied $ 77,000 Total manufacturing costs $ 198,000 $ 234,000 Beginning Work in Process $ 47,000 Ending Work in process $ 42,000 $ 35,000 $ 49,000 Cost of goods manufactured $ 195,000 $ 254,000 Beginning Finished Goods $ 44,000 $ 46,000 Ending Finished Goods $ 44,000 $ 47,000 Cost of goods sold (unadjusted) $ 95,000 $ 241,000

Nashville Inc. uses a job order costing system with manufacturing overhead applied to products at a rate of 200% of direct labor cost. Treating each case independently, find the missing amounts (Input all amounts as positive values.): Case 1 Case 2 Case 3 Direct materials used $ 52,000 Direct labor $ 52,000 $ 62,000 Manufacturing overhead applied $ 77,000 Total manufacturing costs $ 198,000 $ 234,000 Beginning Work in Process $ 47,000 Ending Work in process $ 42,000 $ 35,000 $ 49,000 Cost of goods manufactured $ 195,000 $ 254,000 Beginning Finished Goods $ 44,000 $ 46,000 Ending Finished Goods $ 44,000 $ 47,000 Cost of goods sold (unadjusted) $ 95,000 $ 241,000

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Description: Nashville Inc. uses a job order costing system with manufacturing overhead applied to products at a rate of 200% of direct labor cost.Treating each case independently, find the missing amounts (Input all amounts as positive values.):Case 1Case 2Case

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 6PA: During the year, a company purchased raw materials of $77,321, and incurred direct labor costs of...

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