Manufacturing cost data for Orlando 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 0 decimal places, e. g. 5,275.) Case A Case B Direct materials used $enter a dollar amount (a) $93,400 Direct labor 56,000 146,100 Manufacturing overhead applied 44,800 enter a dollar amount (d) Total manufacturing costs 150,150 enter a dollar amount (e) Work in process 1/1/20 enter a dollar amount (b) 16,800 Total cost of work in process 205,900 enter a dollar amount (f) Work in process 12/31/20 enter a dollar amount (c) 15,400 Cost of goods manufactured 194,300 enter a dollar amount (g)

The value of the direct material used is $49,350.

Based on the information given, the values for each question will be calculated below:

The direct materials used will be:

= Total manufacturing costs - Manufacturing overhead applied - Direct labor

= $150,150 - ($56,000 + $44,800)

= $150,150 - $100,800

= $49,350

The works in process 1/1/20 will be:

= Total cost of works in process - Total manufacturing costs

= $205,900 - $150,150

= $55,750

The value of the works in process 12/31/20 will be:

= Total cost of works in process - Cost of goods manufactured

= $205,900 - $194,300 = $11,600

The value of the manufacturing overhead applied will be:

= $44,800 / $56,000 = 80%

For case B the manufacturing overhead applied will be calculated as:

= 80% × $146,100

= 0.8 × $146100

= $116,880

The total manufacturing costs will be:

= Direct materials used + Direct Labor + Manufacturing overhead applied

= $93,400 + $146,100 + $116,880 = $356,380

The total cost of work in process will be:

= Total manufacturing costs + Works in process 1/1/20

= $356,380 + $16,800 = $373,180

The cost of goods manufactured will be:

= Total cost of work in process - Works in process 31/12/20

= $373,180 - $15,400 = $357,780

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Answer and Explanation:

As per the given question the solution of missing amount for each letter is provided below:-

                                           Case A           Case B

Direct material used        a $49,350      $93,400

Direct Labor                      $56,000          $146,100

Manufacturing overhead

applied                              $44,800         d $116,880

Total manufacturing

cost                                 $150,150           e $356,380

Work in process 1/1/20  b $55,750        $16,800

Total cost of work in

process                         $205,900         f $373,180

Work in process

12/31/20                       c $11,600          $15,400

Cost of goods

manufactured              $194,300            g $357,780

Working Note

a. Direct materials used = Total manufacturing costs - Manufacturing overhead applied - Direct labor

= $150,150 - ($56,000 + $44,800)

= $150,150 - $100,800

= $49,350

b. Works in process 1/1/20 = Total cost of works in process - Total manufacturing costs

= $205,900 - $150,150

= $55,750

c. Works in process 12/31/20   = Total cost of works in process - Cost of goods manufactured

= $205,900 - $194,300

= $11,600

d. Manufacturing overhead applied = $44,800 ÷ $56,000

= 80%

For case B the manufacturing overhead applied = 80% × $146,100

= $116,880

e. Total manufacturing costs = Direct materials used + Direct Labor + Manufacturing overhead applied

= $93,400 + $146,100 + $116,880

= $356,380

f. Total cost of work in process = Total manufacturing costs + Works in process 1/1/20

= $356,380 + $16,800

= $373,180

g.  Cost of goods manufactured = Total cost of work in process - Works in process 31/12/20

= $373,180 - $15,400

= $357,780

Therefore to reach the missing amounts we simply use the working notes.

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