Miller Park Inc. uses a job order costing system with manufacturing overhead applied to products at a rate of 80% of direct labor cost. Treating each case independently, find the missing amounts for a through l: ?Case #1Case #2Case #3Direct materials used$20,000e.$20,000Direct labor$25,000$20,000 i.Manufacturing overhead applieda.f.j.Total manufacturing costsb.$46,000$38,000Beginning Work in Process$9,000g.$6,000Ending Work in process$7,000$6,000$3,000Cost of goods manufacturedc.$45,000k.Beginning Finished Goods$13,000$8,000l.Ending Finished Goods$14,000h.$8,000Cost of goods sold (unadjusted)d.$48,000$43,000
What will be an ideal response?
? | Case #1 | Case #2 | Case #3 |
Direct materials used | $20,000 | e.$10,000 | $20,000 |
Direct labor | $25,000 | $20,000 | i. 10,000 |
Manufacturing overhead applied | a. 20,000 | f.$16,000 | j. 8,000 |
Total manufacturing costs | b. 65,000 | $46,000 | $38,000 |
Beginning Work in Process | $9,000 | g.$5,000 | $6,000 |
Ending Work in process | $7,000 | $6,000 | $3,000 |
Cost of goods manufactured | c. 67,000 | $45,000 | k.$41,000 |
Beginning Finished Goods | $13,000 | $8,000 | l. 10,000 |
Ending Finished Goods | $14,000 | h. 5,000 | $8,000 |
Cost of goods sold (unadjusted) | d. 66,000 | $48,000 | $43,000 |
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What will be an ideal response?
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What will be an ideal response?