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1 Exercise 1 5 - 1 2 ( Algo ) Computing materials, labor, overhead, and cost of goods manufactured LO P 1 , P 2
Exercise Algo Computing materials, labor, overhead, and cost of goods manufactured LO P P P P In the Raw Materials Inventory Taccount, insert amounts for beginning and ending balances along with purchases and indirect materials used. Solve for direct materials used in the period. Compute the cost of direct labor used for the period. In the Work in Process Inventory Taccount, insert amounts for beginning and ending balances along with direct materials used from part direct labor used from part and applied overhead. Solve for cost of goods manufactured in the period. In the Finished Goods Inventory Taccount, insert amounts for beginning and ending balances along with cost of goods manufactured from part Solve for cost of goods sold in the period do not consider any under or overapplied overhead In the Factory Overhead Taccount, insert amounts for indirect materials used, indirect labor used, other overhead costs, and applied overhead. Solve for underapplied or overapplied overhead. Complete this question by entering your answers in the tabs below. Required and Required goods manufactured in the period. under or overapplied overhead Required goods manufactured in the period. under or overapplied overhead
Exercise Algo Computing materials, labor, overhead, and cost of goods manufactured LO P P
P P
In the Raw Materials Inventory Taccount, insert amounts for beginning and ending balances along with purchases and indirect
materials used. Solve for direct materials used in the period.
Compute the cost of direct labor used for the period.
In the Work in Process Inventory Taccount, insert amounts for beginning and ending balances along with direct materials used
from part direct labor used from part and applied overhead. Solve for cost of goods manufactured in the period.
In the Finished Goods Inventory Taccount, insert amounts for beginning and ending balances along with cost of goods
manufactured from part Solve for cost of goods sold in the period do not consider any under or overapplied overhead
In the Factory Overhead Taccount, insert amounts for indirect materials used, indirect labor used, other overhead costs, and
applied overhead. Solve for underapplied or overapplied overhead.
Complete this question by entering your answers in the tabs below.
Required
and
Required
goods manufactured in the period.
under or overapplied overhead Required
goods manufactured in the period.
under or overapplied overhead
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