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help! question has been opened in a new tab. In order to continue your Stanford Enterprises uses job-order costing. Overhead is applied on the basis
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question has been opened in a new tab. In order to continue your Stanford Enterprises uses job-order costing. Overhead is applied on the basis of direct labor houis. The following information relates to the year just ended. Actual costs for the year: Use the data to answer the following. 1. Calculate and dispose of overapplied or underapplied manufacturing overhead. 2. Calculate the cost of goods manufactured and cost of goods sold. 3. Prepare an income statement for a manufacturing firm. Navigation: 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lor fx Accessibility tab summary: Year end data for Stanford Enterprise A 8 C D E F G Data: Actual costs for the year: Use the data to answer the following. Replace every ? with a formula. 1 Calculate and dispose of overapplied or underapplied manufacturing overhead. 8 Note: Use cell A2 to A23 from the given information to complete this question. Note: Use cell A2 to A23 from the given Information to complete this question. Enter all ending inventory amounts as negative numbers. 3 Prepare an income statement for a manufacturing firm. Note: Use cell A2 to A23 from the given information to complete this question. Entar all andine imuantorv amounts as negative numbers Step by Step Solution
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