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Analyzing Marufacturing Cost Accounts Clapton Compary manufactures custom guitars in a wide variety of styles. The following incomplete ledger accounts refer to transactions that are
Analyzing Marufacturing Cost Accounts Clapton Compary manufactures custom guitars in a wide variety of styles. The following incomplete ledger accounts refer to transactions that are summarized for May: In addition, the following information is avallable: a. Materials and direct labor were applied to the following jobs in May: In addition, the following information is available: a. Materials and direct labor were applied to the following jobs in May: b. Factory overhead is applied to each job at a rate of 170% of direct labor cost. c. The May 1 Work in Process balance consisted of two jobs, as follows: b. Factory overhead is applied to each job at a rate of 170% of direct labor cost. c. The May 1 Work in Process balance consisted of two jobs, as follows: d. Customer jobs completed and units sold in May were as follows: d. Customer jobs completed and units sold in May were as follows: 1. Determine the missing amounts issociated with each letter and complete the following table, If required, round amounts to the nearest dollar. If an answer is zero, enter in " 07 . Enter all amounts as positive numbers. a. Materials Requisitions 5 b. Work in Process Beginning Balance \& c. Direct Materials ociated with each letter and complete the following table. If required, round amounts to the nearest dollar. If an nounts as positive numbers. a. Materials Requisitions ; b. Work in Process Beginning Balance c. Direct Materials $ d. Direct Labor $ e. Factory overhead applied ; f. Completed jobs $ a. Cost of goods sold h. Indirect labor \$
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