Exercise 15-4 Manufacturing cost data for Orlando Company, which uses a job orde

Question

Exercise 15-4 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 C Case B $88,300 150,200 Direct materials used Direct labor Manufacturing overhead applied Total manufacturing costs Work in process 1/1/17 Total cost of work in process Work in process 12/31/17 Cost of goods manufactured $73,550 52,000 33,800 146,950 222,050 20,000 18,300 202,800 12,200 197,900 225,700

Explanation / Answer

Schedule :

Case A Case B Case C Direct material used a) 61150 88300 73550 Direct labour 52000 150200 h) 90000 Manufacturing overhead applied 33800 d) 97630 i) 58500 Total manufacturing cost 146950 336130 222050 Work in process 1/1/17 b) 55850 20000 18300 Total cost of work in process 202800 356130 j) 240350 Work in process 12/31/17 c) 4900 12200 k) 14650 Cost of goods manufactured 197900 g) 343930 225700

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