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Determine and Use Manufacturing Overhead Rater The following selected ledger accounts of the Lakewood Manufacturing Company are for May (the fifth month of its accounting

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Determine and Use Manufacturing Overhead Rater The following selected ledger accounts of the Lakewood Manufacturing Company are for May (the fifth month of its accounting yeark'. a. Determine the amount of indirect material requisitioned for production during May. 5 b. How much indirect labor cost was apparently incurred during May? 3. c. Calculate the manufacturing overhead rate based on direct labor cost. d. Was manufacturing overhead for May under-or over-appled, and by what amount? Manufacturing overhead was by $ for May. e. Was mariufacturing overhead for the first five months of the year tunder-cr over -3pplied, and by what amount? Manufacturing overthead was by 5 for the first fwe momhs. E. What is the cost of productoon completed in May? 5

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