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.
