Cole Company uses normal costing in its job-costing system. Partially completed T-accounts and additional information for ColeCole for 2014 are as follows:

a. Direct manufacturing labor wage rate was $ 15

b. Manufacturing overhead was allocated at $ 19 per direct manufacturing labor-hour.

c. During the year, sales revenues were $1,040,000, and marketing and distribution costs were 126,000

1.	What was the amount of direct materials issued to production during 2014
2.	What was the amount of manufacturing overhead allocated to jobs during 2014
3.	What was the total cost of jobs completed during 2014
4.	What was the balance of work-in-process inventory on December 31, 2014
5.	What was the cost of goods sold before proration of under- or overallocated overhead?
6.	What was the under- or overallocated manufacturing overhead in 2014
7	Dispose of the under- or overallocated manufacturing overhead using the following:

a.	Writeoff to Cost of Goods Sold
b.	Proration based on ending balances (before proration) in Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold

8.	Using each of the approaches in requirement 7, calculate ColeCole's operating income for 2014
9.	Which approach in requirement 7 do you recommend ColeCole use? Explain your answer briefly.