a. Additional information follows: Direct manufacturing labor wage rate was $12 per hour. b. Manufacturing overhead was allocated at per direct manufacturing labor-hour. c. During the year, sales revenue were $1, 050,000 and marketing and distribution costs were v$125,000 What was the amount of direct materials issued to production during 2014? What was the amount of manufacturing overhead allocated to jobs completed during 2014? What was the balance of work-in-process inventory on December 31, 2014? What was the cost of goods sold before proration of under- or overallocated overhead? What was the under- or overallocated manufacturing overhead in 2014? Dispose of the under- or overallocated manufacturing overhead using the following: Writeoff to Cost of Goods Sold b. Proration based on ending balances (before proration) in Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold Using each of the approaches in requirement 7, calculate Southwick's operating income for 2014. Which approach in requirement? Do you recommend Southwick use? Explain your answer briefly. a. Additional information follows: Direct manufacturing labor wage rate was $12 per hour. b. Manufacturing overhead was allocated at per direct manufacturing labor-hour. c. During the year, sales revenue were $1, 050,000 and marketing and distribution costs were v$125,000 What was the amount of direct materials issued to production during 2014? What was the amount of manufacturing overhead allocated to jobs completed during 2014? What was the balance of work-in-process inventory on December 31, 2014? What was the cost of goods sold before proration of under- or overallocated overhead? What was the under- or overallocated manufacturing overhead in 2014? Dispose of the under- or overallocated manufacturing overhead using the following: Writeoff to Cost of Goods Sold b. Proration based on ending balances (before proration) in Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold Using each of the approaches in requirement 7, calculate Southwick's operating income for 2014. Which approach in requirement? Do you recommend Southwick use? Explain your answer briefly