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Can you please in detail show me how to calculate manufacturing overhead applied, this is where I left off at in this problem... 160,00 d)
Can you please in detail show me how to calculate manufacturing overhead applied, this is where I left off at in this problem...
160,00 d) $400,000 e) None of the above -F 1201000 40,000 P 460,000 17. Company operates a job-order costing system and applies overhead cost to jobs on the basis of direct labor cost. Its predetermined overhead rate was based on a cost formula that estimated $135,000 of manufacturing overhead and an estimated allocation base of $90,000 in direct labor cost. The company has provided the following data: Divect Ms Beginning 529,000 Ending 811,000 B135000 90,000 Raw Materials Inventory (all direct) Work in Process Inventory Finished Goods Inventory +120 0 00 ROrchase BM 45,000 71,000 36,000 61,000 154000 Tadal RauM The following actual costs were incurred during the year: Purchase of raw materials (all dirct) Direct labor cost Erding PuM 148000 AM used in Pod + loo,00 0 DL I a00 I.5 S130,000 $100,000 $110,000 ACn Manufacturing overhead cost MOH Appliel Suppose the company closes out any under- or over-applied overhead cost to Cost of Goods Sold How much was the company's adjusted Cost of Goods Sold? a. $377,000 b. $357,000 c. $337,000 d. $363,000 e. None of the above 18. TheStep by Step Solution
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