Manufacturing cost data for Carla Vista 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 O decimal places, e.g. 5,275.) Case A Case B Work in process 1/1/22 Direct materials used (a) $18,290 (b) $97,940 Direct labor Manufacturing overhead applied 5 59,000 165,200 50,150 (d) Total manufacturing costs Total cost of work in process 237,770 Work in process 12/31/22 (c) 13,924 171,867 (e) (f)
Manufacturing cost data for Carla Vista 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 O decimal places, e.g. 5,275.) Case A Case B Work in process 1/1/22 Direct materials used (a) $18,290 (b) $97,940 Direct labor Manufacturing overhead applied 5 59,000 165,200 50,150 (d) Total manufacturing costs Total cost of work in process 237,770 Work in process 12/31/22 (c) 13,924 171,867 (e) (f)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Manufacturing cost data for Carla Vista 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 O decimal places, e.g. 5,275.)
Case A
Case B
Work in process 1/1/22
Direct materials used
(a)
$18,290
(b)
$97,940
Direct labor
Manufacturing overhead applied
5
59,000
165,200
50,150
(d)
Total manufacturing costs
Total cost of work in process
237,770
Work in process 12/31/22
(c)
13,924
171,867
(e)
(f)
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