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
Case C
Direct materials
used
$
53350
(a)
$87,700
$69,450
Direct labor
52,000
147,400
(h)
41,600
(d)
(i)
146,950
(e)
211,650
56750
(b)
25,100
18,700
Manufacturing
overhead applied
Total
manufacturing
costs
Work in process
1/1/17
Total cost of work
in process
Work in process
12/31/17
Cost of goods
manufactured
203,700
(f)
(1)
6900
(c)
15,500
(k)
196,800
g)
223,800
u

From anderson and dahlin, ch1 question 1: suppose a computer system and all of its applications are completely bug free. suppose further that everyone in the world is completely honest and trustworthy. in other words, we do not need to consider fault isolation.

An important application of regression analysis in accounting is in the estimation of cost. by collecting data on volume and cost and using the least squares method to develop an estimated regression equation relating volume and cost, an accountant can estimate the cost associated with a particular manufacturing volume. consider the following sample of production volumes and total cost data for a manufacturing operation. production volume (units) total cost ($) 400 4000 450 5000 550 5400 600 5900 700 6400 750 7000 compute b 1 and b 0 (to 2 decimals if necessary). b 1 b 0 complete the estimated regression equation (to 2 decimals if necessary). = + x what is the variable cost per unit produced (to 1 decimal)? $ compute the coefficient of determination (to 4 decimals). note: report r 2 between 0 and 1. r 2 = what percentage of the variation in total cost can be explained by the production volume (to 2 decimals)? % the company's production schedule shows 500 units must be produced next month. what is the estimated total cost for this operation (to 2 decimals)? $

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