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Duke University Operations And Supply Chain Management Assignment Help - Manufacturing Income Statement


Question - 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.
Case 1 Case 2 Case 3
Direct material used 17,000 10,500
Direct labor 16,000
Manufacturing overhead applied 13,000
Total current manufacturing costs 27,000 33,000
Beginning work in process inventory 8,400 7,700
Ending work in process inventory 4,400 8,400
Cost of goods manufactured 45,000 3,001
Beginning finished goods inventory 3,500 10,200
Ending finished goods inventory 7,200 6,700
Cost of goods sold 39,000 38,000

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