Deer Lake Inc. uses a job order costing system with manufacturing overhead applied to products at a rate of 150% 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$25,000f.i.Manufacturing overhead applieda.$45,000j.Total manufacturing costsb.$95,000$35,000Beginning Work in Process$10,000g.$6,000Ending Work in process$8,000$10,000k.Cost of goods manufacturedc.$93,000$36,000Beginning Finished Goods$12,000$12,000l.Ending Finished Goods$15,500h.$4,000Cost of goods sold (unadjusted)d.$91,000$37,000
What will be an ideal response?
? | Case #1 | Case #2 | Case #3 |
Direct materials used | $20,000 | e. 20,000 | $10,000 |
Direct labor | $25,000 | f. 30,000 | i. 10,000 |
Manufacturing overhead applied | a. 37,500 | $45,000 | j. 15,000 |
Total manufacturing costs | b. 82,500 | $95,000 | $35,000 |
Beginning Work in Process | $10,000 | g. 8,000 | $6,000 |
Ending Work in process | $8,000 | $10,000 | k. 5,000 |
Cost of goods manufactured | c. 84,500 | $93,000 | $36,000 |
Beginning Finished Goods | $12,000 | $12,000 | l. 5,000 |
Ending Finished Goods | $15,500 | h. 14,000 | $4,000 |
Cost of goods sold (unadjusted) | d. 81,000 | $91,000 | $37,000 |
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