Question
15 Parker, Inc. has provided the following data for 2019: Beginning Inventory Ending Inventory Raw materials purchased for the year Direct labor Materials Work-in-Process Finished
15 Parker, Inc. has provided the following data for 2019: Beginning Inventory Ending Inventory Raw materials purchased for the year Direct labor Materials Work-in-Process Finished Goods $24,000 $72,000 $108,000 $18,000 $97,000 $82,000 $310,000 $480,000 Manufacturing Overhead: Estimated total manufacturing overhead for the year Estimated total direct labor hours Actual manufacturing overhead Actual total direct labor hours A. Calculate the raw materials used in production B. Calculate the predetermined overhead rate $1,000,000 10,000 $975,000 9,300 C. Calculate the total manufacturing costs for the year, assuming that all raw materials used are direct materials D. Calculate cost of goods manufactured for the year E. Calculate the unadjusted cost of goods sold for the year (ignore any over/underapplied MOH) Click Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Air
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