Question

Required: Treating each case independently, selected from the manufacturing data given below, find the missing amounts. You should do them in the order listed. (Hint: For the manufacturing costs in Case 3, first solve for conversion costs and then determine how much of that is direct labor and how much is manufacturing overhead.) (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar. Enter all amounts as positive values.)

Case 1 Case 2 Case 3 Direct material used 12,000 11,100 Direct labor 16,000 Manufacturing overhead applied 12,500 9,800 Total current manufacturing costs 26,000 32,700 Beginning work in process inventory 8,200 8,200 Ending work in process inventory 5,200 8,800 Cost of goods manufactured 40,000 28,001 Beginning finished goods inventory 3,700 12,000 Ending finished goods inventory 7,800 5,000 Cost of goods sold 40,000 41,000

Answer 1