Assignments: ACG 2071 - CRN 80 X Question 1 - HW 3 - Connect x + X F- C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddle... * @ q Assignments: ACG 2071 - CRN 80 x Question 1 - HW 3 - Connect * + V eTextbooks | Rent o... Do My Homework. GeeklyHub Bids List - Order ID.. GeForce NOW online free movies @ Wordtune | Your th... G Grabify IP Logger &.. GG Game deals - Find. G Google F-CO ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253%252F%252Flms.mheducation.com%252Fmghmiddle... HW 3 i Saved Save & V eTextbooks | Rent o. Do My Homework... @ GeeklyHub Bids List - Order ID... GeForce NOW online free movies Wordtune | Your th... G Grabify IP Logger &.. Ge Game deals - Find. HW 3 i Saved Gitano Products operates a job-order costing system and applies overhead cost to jobs on the basis of direct materials used in production (not on the basis of raw materials purchased). Its predetermined overhead rate was based on a cost formula that estimated $127,400 of manufacturing overhead for an estimated allocation base of $91,000 direct material dollars to be used in production. The Complete this question by entering your answers in the tabs below. 3 company has provided the following data for the just completed year: points Purchase of raw materials 000 'SET 3 Required 1 Required 2 Required 3 Required 4 Required 5 Direct labor cost $ 87, 000 points eBook Manufacturing overhead costs: Indirect labor $ 122, 200 Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in production as direct materials. Print Property taxes $ 8,900 Depreciation of equipment $15, 000 eBook References Maintenance 000'ZT $ Gitano Products Insurance $ 8, 500 Print Rent, building $ 37,000 Schedule of Cost of Goods Manufactured References Beginning work in process inventory Beginning Ending Direct materials Raw Materials $ 15,000 Work in Process $ 48,000 $ 37,000 Beginning raw materials inventory 20,00 Finished Goods $ 71,000 $ 57,000 Add: Purchases of raw materials 138,000 Required: Total raw materials available 58,000 1. Compute the predetermined overhead rate for the year. Less: Ending raw materials inventory 15,000 2. Compute the amount of underapplied or overapplied overhead for the year. Direct materials used in production S 143,000 3. Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in production as direct materials. Manufacturing overhead applied to work in process 200,200 only that one 4. Compute the unadjusted cost of goods sold for the year. Do not include any underapplied or overapplied overhead in your answer. 5. Assume that the $37,000 ending balance in Work in Process includes $8,800 of direct materials. Given this assumption, supply the Direct labor 87,000 information missing below: Total manufacturing costs added to production 430,200 Total manufacturing costs to account for 430,200 Complete this question by entering your answers in the tabs below. Less: Ending work in process inventory 37,000 Cost of goods manufactured 441,200 Graw 92. F P.rev. 1 of 4 Next > Mostly sunny