Barone Inc. uses a job order costing system with manufacturing overhead applied to products at a rate of 100% of direct labor cost. Treating each case independently, find the missing amounts for a through l: ?Case #1Case #2Case #3Direct materials used$20,000e.$10,000Direct labor$20,000f.i.Manufacturing overhead applieda.$30,000j.Total manufacturing costsb.$80,000$30,000Beginning Work in Process$10,000g.$4,000Ending Work in process$12,000$5,000k.Cost of goods manufacturedc.$79,000$28,000Beginning Finished Goods$12,000$15,000l.Ending Finished Goods$9,000h.$15,000Cost of goods sold (unadjusted)d.$81,000$26,000
What will be an ideal response?
| ? | Case #1 | Case #2 | Case #3 |
| Direct materials used | $20,000 | e. 20,000 | $10,000 |
| Direct labor | $20,000 | f. 30,000 | i. 10,000 |
| Manufacturing overhead applied | a. 20,000 | $30,000 | j. 10,000 |
| Total manufacturing costs | b. 60,000 | $80,000 | $30,000 |
| Beginning Work in Process | $10,000 | g. 4,000 | $4,000 |
| Ending Work in process | $12,000 | $5,000 | k. 6,000 |
| Cost of goods manufactured | c. 58,000 | $79,000 | $28,000 |
| Beginning Finished Goods | $12,000 | $15,000 | l. 13,000 |
| Ending Finished Goods | $9,000 | h. 13,000 | $15,000 |
| Cost of goods sold (unadjusted) | d. 61,000 | $81,000 | $26,000 |
Business
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