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. 1. 2. Use the following data to compute total factory overhead costs for the month: Sales commissions Direct labor Indirect materials Factory manager salaries
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Use the following data to compute total factory overhead costs for the month: Sales commissions Direct labor Indirect materials Factory manager salaries Factory supplies Indirect labor Depreciation-office equipment Direct materials Corporate office salaries Depreciation-factory equipment $12,300 41,100 16,700 8,700 10,500 7,800 6,500 42,000 44,000 9,000 The accountant for Sysco Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year Net income for the year Cash dividends declared for the year Retained earnings balance at the end of the year Cash dividends payable at the beginning of the year Cash dividends payable at the end of the year $1,049,000 345,000 65,000 1,697,000 14,600 17,900 What is the amount of cash dividends paid that should be reported in the financing section of the statement of cash flowsStep by Step Solution
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