FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Manufacturing cost data for Sandhill Company, which uses a job order cast 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 0 decimal places, eg. 5,275.)
Work in process 1/1/22
Direct materials used
Direct labor
Manufacturing overhead applied
Total manufacturing costs
Total cost of work in process
Work in process 12/31/22
Cost of goods manufactured
Case A
49,000
41,650
142,737
197,470
188,454
(2)
3
D
Case B
$15,190
$81,340
137,200
11,564
(d)
3
S
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Transcribed Image Text:Manufacturing cost data for Sandhill Company, which uses a job order cast 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 0 decimal places, eg. 5,275.) Work in process 1/1/22 Direct materials used Direct labor Manufacturing overhead applied Total manufacturing costs Total cost of work in process Work in process 12/31/22 Cost of goods manufactured Case A 49,000 41,650 142,737 197,470 188,454 (2) 3 D Case B $15,190 $81,340 137,200 11,564 (d) 3 S
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