Bromley Custom Cabinetry (BCC) uses a job costing system and applies overhead based on direct materials cost. Last year, manufacturing overhead was expected to be $737,000 and direct materials cost was estimated to be $670,000. Actual manufacturing overhead amounted to $737,000, as estimated, and actual direct materials cost was $632,000. BCC allocates any over- or underapplied overhead to three accounts-Work-in-Process Inventory, Finished Goods Inventory, and Cost of Goods Sold-based on the balances in those accounts. At the end of the year, the total amount in the three accounts (Work-inProcess Inventory, Finished Goods Inventory, and Cost of Goods Sold) was $2 million before any allocation. As a part of the process, you learn that BCC allocated $38,247 to Cost of Goods Sold. Required: What will Bromley report as Cost of Goods Sold for the year? Note: Do not round intermediate calculations. Enter your answer in dollars, rather than in millions of dollars. Woodstock Binding has two service departments, IT (Information Technology) and HR (Human Resources), and two operating departments, Publishing and Binding. Management has decided to allocate IT costs on the basis of IT Tickets (issued with each IT request) in each department and HR costs on the basis of employees in each department. The following data appear in the company records for the current period: Required: Allocate the service department costs using the reciprocal method. (Matrix algebra is not required because there are only two service departments.) Note: Amounts to be deducted should be indicated by a minus sign. Do not round intermediate calculations