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Company is a manufacturing firm that uses job-order costing. The company's inventory balances were as follows at the beginning and end of the year. The

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Company is a manufacturing firm that uses job-order costing. The company's inventory balances were as follows at the beginning and end of the year. The company applies overhead to jobs using a predetermined overhead rate based on machine-hours. At the beginning of the year the company estimated that it would work 17, 400 machine-hours and incur $261,000 in manufacturing overhead cost. The following transactions were recorded for the year. Raw materials were purchased $412,000 Raw materials were requisitioned for use in production, $407, 300 ($377,000 direct and $30, 300 indirect) The following employee costs were incurred direct labor, $332,000 indirect labor, $71,000 and administrative salaries $150,000 Selling costs, $115,000 Factory utility costs, $29,000 Depreciation for the year was $124,000 of which $113,000 is related to factory operations and $11,000 is related to selling general and administrative activities Manufacturing overhead was applied to jobs. The actual level of activity for the year was 14, 400 machine-hours Sales for the year totaled $1, 289,000 Prepare a schedule of cost of goods manufactured in good form (Do not round predetermined overhead rate. Input all amounts as positive values. Omit the "$" sign in your response.)

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