1.

What is the cost of direct materials used?

2.

What is the cost of indirect materials used?

3.

What is the cost of direct labor?

4.

What is the cost of indirect labor?

5.

What is the cost of goods manufactured?

6.

What is the cost of goods sold (before adjusting for any under- or overallocated manufacturing overhead)?

7.

What is the actual manufacturing overhead?

8.

How much manufacturing overhead was allocated to jobs?

9.

What is the predetermined manufacturing overhead rate as a percentage of direct labor cost?

10.

Is manufacturing overhead underallocated or overallocated? By how much?

Work in Process					Wages					Manufacturing					Finished Goods					Raw Materials
Inventory					Payable					Overhead					Inventory					Inventory
31,000			125,000		70,000			70,000		1,500			42,000		125,000			112,500		57,500			32,500
60,500										9,500
42,000					Balance 0					37,500

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