The Ride−On−WonderCompany​ (ROW) produces a line of​ non-motorized boats. ROW uses a​ normal-costing system and allocates manufacturing overhead using direct manufacturing labor costs. The following data are for 2017​:   Read the requirements3.   Requirement 1. Calculate the manufacturing overhead allocation rate.   Identify the formula and calculate the manufacturing overhead allocation rate. ​(Enter the result as a whole​ number.)   (1)   / (2)   = Overhead allocation rate   /   =   (3)   Requirement 2. Compute the amount of​ under-or overallocated manufacturing overhead.   Identify the formula and calculate the​ under-or manufacturing overallocated overhead. ​(Use parentheses or a minus sign to report overhead​ overallocated.)   (4)   – (5)   = Underallocated (overallocated)   –   =   Requirement 3. Calculate the ending balances in work in​ process, finished goods, and cost of goods sold if​ under- or overallocated manufacturing overhead is as​ follows: (a) written off to cost of goods​ sold, (b) prorated based on ending balances​ (before proration) in each of the three​ accounts, (c) prorated based on the overhead allocated in 2017 in the ending balances​ (before proration) in each of the three accounts.   ​(a.) Calculate the ending balances in work in​ process, finished goods, and cost of goods sold if​ under- or overallocated manufacturing overhead is written off to cost of goods sold.   Account Ending Balance Work in process   Finished goods   Cost of goods sold   ​(b.) Begin by identifying the formula and calculating the adjustment to each account assuming​ under- or overallocated manufacturing overhead is prorated based on ending balances​ (before proration) in each of the three accounts. ​(Use a minus sign or parentheses to show overallocated amounts and adjustments to be​ subtracted.)   (b.) (6)   x (7)   = Adjustment WIP   x   =   FG   x   =   CGS   x   =   Now calculate the ending balances in work in​ process, finished goods, and cost of goods sold if​ under- or overallocated manufacturing overhead is prorated based on ending balances​ (before proration) in each of the three accounts. ​(Use a minus sign or parentheses to show adjustments to be​ subtracted.)   (b.) (8)   + (9)   = Ending Balance (adjusted) WIP   +   =   FG   +   =   CGS   +   =   ​(c.) Begin by identifying the formula and calculating the adjustment to each account assuming​ under- or overallocated manufacturing overhead is prorated based on the overhead allocated in 2017 in the ending balances​ (before proration) in each of the three accounts. ​(Use a minus sign or parentheses to show overallocated amounts and adjustments to be​ subtracted.)   (c.) (10)   x (11)   = Adjustment WIP   x   =   FG   x   =   CGS   x   =   ​(c.) Enter the formula and calculate the ending balances in work in​ process, finished goods, and cost of goods sold if​ under- or overallocated manufacturing overhead is prorated based on the overhead allocated in 2017 in the ending balances​ (before proration) in each of the three accounts. ​(Use a minus sign or parentheses to show overallocated amounts and adjustments to be​ subtracted.)   (c.) (12)   + (13)   = Ending Balance (adjusted) WIP   +   =   FG   +   =   CGS   +   =   Requirement 4. Which method would you​ choose? Justify your answer.   The method that makes the most sense is to (14)      . The amount of the​ over-under allocation amount is (15)      so (16)      . 1: Data Table Budgeted manufacturing overhead cost $132,000 Budgeted direct manufacturing labor cost $220,000 Actual manufacturing overhead cost $134,000 Actual direct manufacturing labor cost $220,000 2: Data Table     2017 direct manufacturing Account Ending Balance labor cost in ending balance Work in process $42,750 $19,800 Finished goods 247,950 59,400 Cost of goods sold 564,300 140,800 3: Requirements 1. Calculate the manufacturing overhead allocation rate. 2. Compute the amount of​ under-or overallocated manufacturing overhead. 3. Calculate the ending balances in work in​ process, finished​ goods, and cost of goods sold if​ under- or overallocated manufacturing overhead is as​ follows:   a. Written off to cost of goods sold b. Prorated based on ending balances​ (before proration) in each of the three accounts c. Prorated based on the overhead allocated in 2017 in the ending balances​ (before proration) in each of the three accounts 4. Which method would you​ choose? Justify your answer.

Mulligan Manufacturing Company uses a job order cost system with overhead applied to products at a rate of 150 percent of direct labor cost. 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.) Note: Do not round your intermediate calculations. Round your final answers to the nearest whole dollar. Enter all amounts as positive values. Direct materials used Direct labor Manufacturing overhead applied TEREST Total current manufacturing costs Beginning work in process inventory Ending work in process inventory Cost of goods manufactured Beginning finished goods inventory Ending finished goods inventory Cost of goods sold Case 1 13,000 12,000 9,700 4,400 3,600 7,100 Case 2 11,500 25,000 9,500 46,000 10,900 37,000…

What are the answers to Total Manufacturing cost for both Garcon Co. and Pepper Co.?

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