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Answers needed for the highlighted cells, formula needed as well. For example =B7+C7. i Will Like 1. Compute a predetermined overhead rate. Saved begin{tabular}{|r|l|c|c|} hline
Answers needed for the highlighted cells, formula needed as well. For example "=B7+C7". i Will Like 1. Compute a predetermined overhead rate. Saved \begin{tabular}{|r|l|c|c|} \hline 16 & A & B & C \\ \hline 16 & Work in process \\ \hline 17 & Finished goods \\ \hline 18 & \\ \hline 19 & Use the data to answer the following. \\ \hline \end{tabular} 1. Compute applied overhead and determine the amount of underapplied or overapplied overhead: Actual manufacturing overhead cost Predetermined overhead rate Actual direct labor hours Manufacturing overhead applied Underapplied (overapplied) manufacturing overhead 2. Prepare a schedule of cost of goods manufactured: Stanford Enterprises Schedule of Cost of Goods Manufactured Direct materials: Raw materials inventory, beginning Add: Purchases of raw materials Total raw materials available Deduct: Raw materials inventory, ending Raw materials used in production Direct labor READY. Attempt(s) 4/5 Saved A C D E Deduct: Raw materials inventory, ending Raw materials used in production 39 Direct labor 40 Manufacturing overhead applied to work in process 41 Total manufacturing costs 42 Add: Beginning work in process inventory 43 Total cost of work in process 44 Deduct: Ending work in process inventory 45 Cost of goods manufactured \begin{tabular}{|l|l|} 46 & \\ 47 & 3. Prepare a schedule of cost of goods sold. \end{tabular} \begin{tabular}{|l|c|} \hline 48 & Stanford Enterprises \\ \hline 49 & Schedule of Cost of Goods Sold \\ \hline 50 & \\ \hline 51 & Prepare a schedule of cost of goods sold. \\ \hline \end{tabular} \begin{tabular}{|c|l} 51 & \\ 52 & Finished goods inventory, beginning \end{tabular} 53 Add: Cost of goods manufactured 54 Cost of goods available for sale 55 Deduct: Finished goods inventory, ending 56 Unadjusted cost of goods sold 57 Underapplied (overapplied) overhead 58 Adjusted cost of goods sold 59 READY Attempt(s) 4/5
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